The government will introduce a financial sector regulatory initiatives grid to help the industry better implement regulatory changes in a more efficient way.
Treasury has released a consultation paper on the superannuation performance test, addressing concerns from funds that the benchmarks are restricting their investment choices.
The average revenue per client for financial advisers is $3852, an increase of eight per cent since 2020, while the number of clients per adviser sits at 141, according to the latest Business Health ‘By The Numbers’ report.
The Financial Advice Association is set to continue with its Women in Financial Planning Mentoring Program in 2024 and is looking for sponsors after government funding was not renewed.
Nearly half of Australian workers have three months' or less savings in the event of a disability which prevents them from working, and almost a third of women only having one month of savings, MLC Life Insurance research finds.
Over half of Australians have agreed with the proposed objective of superannuation by the government, according to a survey commissioned by the Financial Services Council.
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