ASIC denies undermining and obfuscation

ASIC denies undermining and obfuscation

ASIC has mounted an 11th hour defence of its responses to a Senate Committee inquiry into the way it conducts investigation and enforcement.
Financial advisers hamstrung in reporting financial abuse

Financial advisers hamstrung in reporting financial abuse

Financial advisers can be critical to detecting and reporting financial abuse but are hamstrung by a complex legal/regulatory regime.
Research reveals Australia’s financial literacy strategy “not active”

Research reveals Australia’s financial literacy strategy “not active”

Ecstra Foundation research has revealed Australia is lagging behind its global counterparts on implementing strategies to improve financial literacy.
Artificial intelligence

AI’s high hopes dashed by long-term doubts on productivity growth

Yasmine Raso 24 June 2024

Investment

No Comments

Market commentary from Amundi questioned whether investment in AI will generate enough productivity to reverse the global growth slowdown.

UK general election

UK’s post-election outlook ‘sub-optimal’

Mike Taylor 24 June 2024

Investment

No Comments

Whichever party wins the upcoming UK election is facing a sub-optimal economic starting point says the Franklin Templeton Institute.

Tax 2024

End of financial year warning for pensions

Mike Taylor 24 June 2024

Knowledge

No Comments

People receiving pensions from their SMSFs have been reminded of their tax time obligations by specialist lawyer, Michael Hallinan.

Man with mirror on pier

New APRA data confirm industry funds’ unlisted preference

Mike Taylor 21 June 2024

Superannuation

One Comment

New, more detailed APRA data has confirmed the degree to which industry funds have allocated towards unlisted investments.

Parliament House

Changes to s99FA depend on Senate crossbench

Mike Taylor 21 June 2024

Financial Planning

No Comments

With the Government holding firm and the LNP dissenting, the future of advice fees paid from super depend on the Senate cross bench.

Male figure looks at balance sheet

EOFY and negativity see adviser numbers fall further

Mike Taylor 21 June 2024

Financial Planning

One Comment

Negativity around adviser fees paid out of superannuation appears to have contributed to a further drop in numbers on the FAR.

Chantwest

Super returns set to end FY24 up 9%

Mike Taylor 21 June 2024

Superannuation

No Comments

Superannuation fund returns look set to end the current financial year up around 9% according to the latest analysis from Chant West.


INDUSTRY NEWS

Member Satisfaction and The Value of People

Amelia King 5 June 2024

Industry News

No Comments

We’ve suggested before that member experience should be the next metric for measuring superannuation fund (super fund) performance, and recent data…

Looking for reliable income? Consider a multi-sector approach.

Financial Newswire Contributor 1 June 2024

Industry News

No Comments

Although fixed income markets enjoyed a strong rally over 2023, bond yields
remain at attractive levels, particularly across the key income generating

Will your clients’ retirement income last their lifetime?

Financial Newswire Contributor 29 May 2024

Industry News

No Comments

Zenith Investment Partners in conjunction with Andrew Lowe, Head of Technical Services, Challenger discusses in this video how guaranteed lifetime…

Introducing Auxilium, your tailored solution for empowering your client support with confidence.

Financial Newswire Contributor 6 May 2024

Industry News

No Comments

Our proprietary platform technology, developed in-house, is the cornerstone of Auxilium’s capabilities, supported by Fiducian’s extensive 25-years


Parliament House

Changes to s99FA depend on Senate crossbench

Mike Taylor 21 June 2024

Financial Planning

No Comments

With the Government holding firm and the LNP dissenting, the future of advice fees paid from super depend on the Senate cross bench.

Male figure looks at balance sheet

EOFY and negativity see adviser numbers fall further

Mike Taylor 21 June 2024

Financial Planning

One Comment

Negativity around adviser fees paid out of superannuation appears to have contributed to a further drop in numbers on the FAR.

Australian Senate Chamber

ASIC admits consultation on super advice fees bill

Mike Taylor 20 June 2024

Financial Planning

10 Comments

ASIC has confirmed it was consulted by the Government on the bill covering the payment of superannuation advice fees.

Tax 2024

End of financial year warning for pensions

Mike Taylor 24 June 2024

Knowledge

No Comments

People receiving pensions from their SMSFs have been reminded of their tax time obligations by specialist lawyer, Michael Hallinan.

Man with mirror on pier

New APRA data confirm industry funds’ unlisted preference

Mike Taylor 21 June 2024

Superannuation

One Comment

New, more detailed APRA data has confirmed the degree to which industry funds have allocated towards unlisted investments.

Chantwest

Super returns set to end FY24 up 9%

Mike Taylor 21 June 2024

Superannuation

No Comments

Superannuation fund returns look set to end the current financial year up around 9% according to the latest analysis from Chant West.

Artificial intelligence

AI’s high hopes dashed by long-term doubts on productivity growth

Yasmine Raso 24 June 2024

Investment

No Comments

Market commentary from Amundi questioned whether investment in AI will generate enough productivity to reverse the global growth slowdown.

UK general election

UK’s post-election outlook ‘sub-optimal’

Mike Taylor 24 June 2024

Investment

No Comments

Whichever party wins the upcoming UK election is facing a sub-optimal economic starting point says the Franklin Templeton Institute.

Crypto ETF Global X

‘High demand’ sees Global X slash fees on crypto ETFs

Patrick Buncsi 21 June 2024

Investment

No Comments

Global X ETFs has announced it will reduce annual management fees on its Australian-listed Bitcoin ETF and Ethereum ETF from next month.