Property Funds Assoc supports carbon scheme, focus on upgrade not replacement

From

The Property Funds Association (PFA) has come out in support of a carbon pricing system, but has warned that any scheme will require complementary measures that incentivise the upgrading of... Read more continue reading

ASIC publishes ETF information for investors

From

ASIC has published new information on its consumer finance website, MoneySmart, to help consumers understand the different types of Exchange Traded Funds (ETFs) and their risks. ETFs can provide a convenient... Read more continue reading

FPA urges consumers: check the qualifications of your planner

From

Australian consumers should check the qualifications of their financial planners to ensure they are receiving the highest levels of ethical and professional advice, says Financial Planning Association (FPA) CEO, Mark... Read more continue reading

ASIC pushes for greater CFD disclosure

From

ASIC has released new disclosure benchmarks for contracts for difference (CFDs) that aim to improve disclosure and investor awareness about risks of these products. The guidance also covers margin foreign exchange... Read more continue reading

Trio former chairman and director exluded for nine years

From

ASIC today announced it has entered into an enforceable undertaking (EU) with former chairman and director of Trio Capital Limited (Trio) Mr David Andrews. Mr Andrews was a non executive... Read more continue reading

FPA calls on Government to scrap opt-in

From

The Financial Planning Association (FPA) has again called on the Federal Government to reconsider its position on a two year opt-in as proposed in the Future of Financial Advice (FoFA)... Read more continue reading

Current market volatility and margin lending products

From

In the context of the current market volatility, ASIC is reminding advisers and margin lenders of their obligations under the recent margin lending reforms, specifically in relation to advisers’ obligations... Read more continue reading

SPAA calls for fraud and theft cover for investors

From

At its Technical Conference in Sydney this week, the Self Managed Super Fund Professionals’ Association (SPAA) has encouraged debate on the issue of financial loss due to fraud or theft... Read more continue reading

Global jitters highlight value of advice and why opt-in is poor policy

From

The current global financial jitters highlight the value of financial advice and underscore why opt-in is such poor policy, according to the Association of Financial Advisers (AFA). “Advisers’ phones have... Read more continue reading

Shorten re-think a victory for consumers

From

The Association of Financial Advisers (AFA) welcomes the Government’s decision to reconsider a proposal to ban commissions on life insurance inside superannuation. AFA CEO Richard Klipin said  the AFA is... Read more continue reading