Cormann to Frontline AFA’s 2012 National Roadshow

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Senator Mathias Cormann, Shadow Assistant Treasurer and Shadow Minister for Financial Services and Superannuation, will frontline the Association of Financial Advisers (AFA) National Roadshow, which kicks off in Hobart on... Read more continue reading

ASIC highlights concerns in money handling

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An ASIC review of client money handling and reconciliation practices has shown non-compliance by a number of issuers of over-the-counter contracts for difference (CFDs) and margin FX derivatives. ASIC is... Read more continue reading

Firm Focus on the Impacts of FoFA Reforms – FSC Annual Conference 2012

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For advisers wanting to hear the latest on FoFA, this year’s Financial Services Council Annual Conference on the Gold Coast from August 1 through to August 3, is the must... Read more continue reading

AFA: Advisers key to restoring consumer confidence in The Lucky Country

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Financial advisers hold the key to restoring consumer confidence in Australia, according to the Association of Financial Advisers (AFA).   “Problems in the Euro zone, market fluctuations and political uncertainty,... Read more continue reading

SPAA calls for last resort compensation scheme

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SPAA CEO Andrea Slattery believes there is a convincing argument to establish a last resort compensation scheme for the financial services sector.  “Superannuation fraud affects ordinary Australians saving for their... Read more continue reading

CSSA: Modern awards restrict employer choice

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The Corporate Superannuation Specialist Alliance (CSSA) submission to the Productivity Commission Inquiry into Default Superannuation in Modern Awards suggests that the vast majority of employers want to provide the best... Read more continue reading

SPAA to host 9th State Technical Conferences for SMSF professionals

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The SMSF Professionals’ Association of Australia (SPAA) will hold its annual series of State Technical Conferences in five capital cities around Australia in July and August to ensure its members... Read more continue reading

CSSA: The Government is Back-flipping

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With submissions on MySuper Tranche 3 due 16th May, the Corporate Super Specialist Alliance (CSSA) is concerned that a significant number of corporate super members are in danger of losing... Read more continue reading

Trio Capital report demands renewed consumer protection standards

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Australia’s peak professional financial planning body today acknowledged the sober findings of a joint parliamentary review of the Trio Capital collapse – the largest superannuation fraud in Australia’s history. The... Read more continue reading

AFA: Budget 2012 – robbing Peter to pay Paul

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“Overall, last night’s Federal budget was a solid effort with the focus on getting the country to live within its means by cutting $34 billion and returning to surplus. However,... Read more continue reading