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| | | The Australian Securities & Investments Commission is set to consult with the advice industry on its proposal to develop and implement a national exam for advisers. As part of its next phase on its consultation proposal, Australian Securities & Investments ... |
| | | | The federal government's new conditional licensing regime for accountants has been applauded by professional bodies as a step to achieving broader access to financial advice. CPA Australia chief executive officer Alex Malley said the new rules are a ... |
| | | | Equity Trustees Limited has established a Private Wealth Services division under the leadership of newly recruited executive, Geoff Rimmer. Rimmer, most recently chief executive officer of adviser group Financial Services Partners, will take responsibility ... |
| | | | To avoid clients being hit with tax penalties on excess contributions advisers should be reviewing their salary sacrificing arrangements, according to industry experts. The concessional super contributions cap is legislated to reduce from $50,000 to ... |
| | | | Former Association of Financial Advisers president and former South Australian state director, Michael Murphy, has died at the age of 66, after a six year battle with cancer. In announcing his loss to Association of Financial Advisers (AFA) members ... |
| | | | Draft regulation released on grandfathering and conflicted remuneration this week, may disadvantage advisers who have already moved to a fee-for-service model in line with the new FOFA regime. Dante De Gori, general manager policy and government relations ... |
| | | | There have been calls for more transparency and accountability in response to ASIC's consultation paper on the regulation of research report providers and research houses. Released in November last year, Consultation Paper 171, 'Strengthening the regulation ... |
| | | | The Financial Planning Association has called for improved consumer education about financial advice and inclusion in the national curriculum. The Financial Planning Association (FPA), Australian Securities & Investments Commission (ASIC) and the Financial ... |
| | | | The Financial Planning Association has called on The Australian Securities and Investments Commission for greater clarity and definitions of quality advice. Approximately 150 practising financial planners, along with licensees and compliance, legal ... |
| | | | CPA Australia has called on the government to extend an exemption for accountants in line with that granted to financial advisers yesterday. The decision, announced by Assistant Treasurer David Bradbury, extends financial advisers' current exemption ... |
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