POWERED BY MOMENTUM MEDIA
Financial advice
Financial advice
Financial firms will now have 30 days to respond when the Australian Financial Complaints Authority notifies them of a complaint. ...
Financial advice
Speedy handling of early release superannuation payments will mean that the super funds won’t be able to implement the usual fraud controls, according to the Australian P...
Financial advice
The Association of Superannuation Funds of Australia has made clear to ASIC that superannuation funds want advice fee consent arrangements with financial advisers to be k...
Financial advice
Faced with the uncertainties of COVID-19 the Australian Prudential Regulation Authority has suspended new licensing for banks, insurers and superannuation funds. ...
Financial advice
The High Court has unanimously held the Michael Christodoulou King was an officer of MFS Ltd (Octaviar) subsidiary MFS Investment Management and is therefore responsible ...
Financial advice
The deduction of any fees for personal advice from a MySuper account should be limited to non-ongoing super-related advice for MySuper members, the Australian Institute o...
Financial advice
The Federal Government is being confronted by an increasingly united front on the need to retain the deductibility of advice fees from MySuper products....
Financial advice
Colonial First State has announced fee reductions on the back of a program which will see the removal of grandfathered conflicted remuneration and insurance-related advis...
Financial advice
The Treasurer, Josh Frydenberg, faces a fight from the financial planning industry as he seeks to move forward on implementing a Royal Commission recommendation banning t...
Financial advice
Limited licenced advisers need to make sure they do not verbally give switching advice to clients even if it is undocumented as this would breach best interests duty, acc...
Financial advice
Retiree couples aged around 65 spent $1,292 more and singles $829 more over the last year, largely due to the drought, according to data....
Financial advice
The deduction of financial advice from member’s superannuation accounts is reasonable, according to actuarial research house, Rice Warner....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...