Helen Rowell appointed as APRA Member

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The Australian Prudential Regulation Authority (APRA) has welcomed the Treasurer’s announcement of the appointment of Helen Rowell as an APRA Member for a term of five years from today. Mrs... Read more continue reading

New ASIC guidance for platforms a boost for investors

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ASIC has moved to require investment platform operators to explain how they choose the different products on offer to investors through their platforms. The strengthened disclosure requirements are part of... Read more continue reading

ASIC acts to improve consumer understanding of funeral insurance

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ASIC was concerned that in HFS’s advertising dealing with the price of the product:  there was insufficient information about premium increases some qualifications regarding price were inadequate This included, in... Read more continue reading

SPAA says super tax concessions methodology ‘fatally flawed’

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The methodology used to measure superannuation tax concessions is “fatally flawed” and, as a consequence, misinforms the debate around retirement income policy, says the SMSF Professionals’ Association of Australia (SPAA).... Read more continue reading

ASIC consults on enhancements to training standards

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ASIC yesterday released a consultation paper proposing enhancements to the training standards for people who provide financial product advice. Consultation Paper 212 Licensing: Training of financial product advisers – Updates to... Read more continue reading

AFA Welcomes TASA Reprieve

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The Association of Financial Advisers (AFA) notes the introduction of legislation relating to the Tax Agent Services Act (TASA) and welcomes greater certainty on the matter for advisers. “We are... Read more continue reading

AFA Partners with Kaplan Professional

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The Association of Financial Advisers (AFA) has appointed Kaplan Professional as principal education partner, continuing a 65 year track record in providing advisers with both formal and practical education. Nick... Read more continue reading

ASIC to launch tools for first time financial decisions

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The Australian Securities and Investments Commission (ASIC) will launch today new tools to help 16 – 25 year olds keep their finances in check. ASIC’s MoneySmart Rookie education initiative aims... Read more continue reading

Andrea Slattery appointed to the SPAA Board

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The SMSF Professionals’ Association of Australia (SPAA) CEO Andrea Slattery has been appointed to the Board of the association. This role as Managing Director will assist Andrea to continue to... Read more continue reading

ASIC releases information sheet about applying for a limited AFS licence

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ASIC has released an information sheet to assist those intending to apply for a limited Australian financial services (AFS) licence. Information Sheet 179 Applying for a limited AFS licence (INFO... Read more continue reading