FPA chair comes out swinging
Marisa Broome says criticism that the FPA isn’t working for its members is “absolutely wrong”, but admits the association has been “really poor” at communicating the work it's done.
May 10, 2019
APRA: Climate change risk at the heart of financial decisions
The prudential regulator’s Geoff Summerhayes said the climate change risks will soon be central to all financial decisions made by APRA-regulated entities.
May 10, 2019
SMSF member increase downed by craft beer proposal
It’s been called the “most miscellaneous Bill” ever seen; a proposal to increase SMSF members from 4 to 6 combined with a plan to reduce tax on small kegs of craft beer.
May 09, 2019
ASIC action highlights industry fund’s conflict
An Infringement Notice relating to HostPlus’s use of the word ‘independent’ points to the structural challenges within the industry funds sector.
May 09, 2019
Clearview takes high road with unbranded content
The licensee owner eschewed their own branding in a series of educational videos for clients, preferring to white-label the content and “give something back to the advisers and the community”.
May 08, 2019
Fraud risk: what to look for
Fraud presents a real risk to investor portfolios, and advisers who aren’t attuned to the scams going around might be doing their clients a disservice.
May 08, 2019
Advisers warned to start sale process early
Business valuation consultant Tim Lane says many older advisers limit their chance to carry out organic succession, and their selling price, by leaving the process too late.
May 07, 2019
Accountants to fill the adviser ‘deficit’: CountPlus
Matthew Rowe believes we’ll see more convergence between advice and accounting, but not via limited licenses. ‘You can’t be half pregnant’, says the CountPlus chief executive.
May 06, 2019
Hartzer hopes profit slide marks turning point
Remediation costs across the big four have reached close to $5 billion, far greater than the initial estimates, with product design and compliance investigations likely to continue.
May 06, 2019
NAB’s $1.1 billion apology
The bank is taking ownership of its customer issues, spending half a billion dollars in remediation payment in the last six months alone and vowing to “fix” its problems.
May 02, 2019
