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Regulatory

ASIC forms its views on MySuper dashboards

DARREN SNYDER  |  FRIDAY, 11 DEC 2015
The Australian Securities and Investments Commission (ASIC) has released research suggesting there is a more positive sentiment towards superannuation based on annual tests of the MySuper dashboard.

FSC slams insurance duty "boondoggle"

ALEX BURKE  |  THURSDAY, 10 DEC 2015
FSC policy director Andrew Bragg has urged the Council of Australian Governments to reduce or repeal inefficient taxes.

Government proposes super portfolio disclosure

DARREN SNYDER  |  THURSDAY, 10 DEC 2015
Super portfolio disclosure is one of a number of measures tabled by the Federal Government to help Australians make more informed decisions about their superannuation.

AFA recommends SG monthly threshold removal

ALEX BURKE  |  WEDNESDAY, 9 DEC 2015
The Association of Financial Advisers has made seven recommendations to the Senate Inquiry into the Economic Security for Women in Retirement.

Parliament tables new tax laws for investment trusts

LAURA MILLAN  |  MONDAY, 7 DEC 2015
The Government tabled the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Bill 2015 in Parliament on the last day of the sitting season.

Government releases adviser education legislation

ALEX BURKE  |  FRIDAY, 4 DEC 2015
The Government has released exposure draft legislation for raising the professional standards for financial advisers.

Accountants slow to take up limited AFSL

ALEX BURKE  |  THURSDAY, 3 DEC 2015
Accountants have been slow to apply for the additional licensing conditions required to continue advising on self-managed super funds in 2016, according to Perpetual Private.

Super governance saga continues

DARREN SNYDER  |  THURSDAY, 3 DEC 2015
The Association of Superannuation Funds of Australia (ASFA) has penned a letter to Assistant Treasurer Kelly O'Dwyer supporting several amendments to the superannuation trustee governance bill.

Third SMSF auditor banned

DARREN SNYDER  |  THURSDAY, 3 DEC 2015
The Australian Securities and Investments Commission (ASIC) has continued its crackdown on self-managed superannuation fund (SMSF) auditors, disqualifying a third person in as many days.

Hedge funds under cost pressure from brokers

MARK SMITH  |  WEDNESDAY, 2 DEC 2015
Hedge funds are facing higher trading costs and changes to business relationships that are hurting margins in the wake of new regulations on banks and prime brokers, a new global survey of the industry by EY reveals.