Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Regulatory

New laws define inactive super members

DARREN SNYDER  |  WEDNESDAY, 30 SEP 2015
The federal government has released draft legislation aiming to reduce red tape for superannuation funds and individuals by streamlining lost and unclaimed super administrative arrangements.

SMSFs impacted by power of attorney rule changes

STAFF WRITER  |  THURSDAY, 24 SEP 2015
Changes to the rules governing power of attorney in Victoria, which came into force on 1 September, will impact the way SMSF advisers service their clients.

FSI and tax response "close to completion": Morrison

LAURA MILLAN  |  THURSDAY, 24 SEP 2015
Treasurer Scott Morrison confirmed that the government's response to the Financial System Inquiry (FSI) is "proceeding and close to completion," despite the recent Liberal spill and cabinet reshuffle.

Outsourcing is the future of compliance

ALEX BURKE  |  WEDNESDAY, 23 SEP 2015
The wealth management sector will increasingly outsource its administration systems to streamline compliance issues, according to Bravura Solutions Asia Pacific managing director Roland Slee.

FSI panellist challenges ASIC register sale

ALEX BURKE  |  WEDNESDAY, 23 SEP 2015
Murray Inquiry panellist Professor Kevin Davis has proposed an alternative model for the sale of ASIC's Business Registers.

No industry is immune from poor culture risk: ASIC

STAFF WRITER  |  TUESDAY, 22 SEP 2015
There are currently no sectors in the financial services industry immune from the risk of cultivating a poor culture, the Australian Securities and Investments Commission (ASIC) commissioner John Price said.

New faces to lead financial services policy reform

LAURA MILLAN  |  MONDAY, 21 SEP 2015
Prime Minister Malcolm Turnbull's Cabinet reshuffle brings new faces and a new structure to the government's top economy, finance and business ministries.

AIST opposes SG charge reductions

DARREN SNYDER  |  MONDAY, 21 SEP 2015
The Australian Institute of Superannuation Trustees (AIST) is opposing reduced penalties for employers not meeting their compulsory super guarantee payments to employees.

ASIC bans former NAB-aligned adviser

ALEX BURKE  |  THURSDAY, 17 SEP 2015
ASIC has banned a former adviser from Meritum Financial Group, which is wholly owned by NAB.

Super board governance legislation introduced today

DARREN SNYDER  |  WEDNESDAY, 16 SEP 2015
Federal Assistant Treasurer Josh Frydenberg will introduce the government's superannuation board governance legislation today at the angst of Industry Super Australia (ISA).