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ASIC
SMSF
The Australian Securities and Investments Commission has announced it has disqualified, suspended or added conditions to the registration for a number of self-managed sup...
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...
SMSF
Charterhill director, George Nowak misappropriated $1.2 million in self-managed superannuation fund monies to fund a lavish lifestyle....
Superannuation
The Australian Securities and Investments Commission has confirmed it is working on the rules around the use of member reserves. ...
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 ...
Superannuation
Allowing the regulators to be responsible for superannuation provisions together will blur their roles, objectives, and charters, according to the Association of Superann...
Superannuation
The increased ability of the financial services regulators to make delegated legislation means they require external oversight, according to the Association of Superannua...
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
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...
SMSF
George Nowak has pleaded guilty after investigations found he had misappropriated $1.2 million in self-managed superannuation fund monies. ...
SMSF
The corporate watchdog has moved to disqualify, suspend, and add conditions on six self-managed superannuation fund auditors....
Superannuation
The Australian Securities and Investments Commission and the Australian Prudential Regulation Authority have welcomed the proposed reforms aimed at increasing the role of...
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 ...