5+ day, 11+ hour ago   (841+ words) On 19 August, Financial Services Minister Daniel Mulino unveiled a suite of reforms covering several key areas of financial advice and superannuation, including the CSLR, and specifically the special levy disallowance period. At present, the disallowance period is 15 sitting days of…...

6+ day, 13+ hour ago   (448+ words) With the merger also comes with the creation of a specialist risk division within its broader suite of wealth management solutions. The firm added that it will support its growth strategy, which involves expanding its national footprint and deepen “its…...

1+ week, 12+ hour ago   (874+ words) Headlines have been harping on for a while now about Australia’s ‘Silver Tsunami’, the largest number of retirees to ever hit the market, many in need of advice and many already trying to navigate an increasingly complex economic landscape post-work....

1+ week, 5+ day ago   (463+ words) Just 28 per cent of Australians who worry their money will run out in retirement feel financially confident about it, the latest AMP research shows, against 84 per cent of those who don’t carry the worry. The 56-point difference between the two…...

2+ week, 6+ day ago   (816+ words) If there is one thing the Financial Services Council’s (FSC) proposed $25,000 per-licensees minimum ASIC levy proved, it’s that the many organisations that multiple associations that claim to represent the interests of advisers fundamentally disagree on a number of core issues....

3+ week, 3+ day ago   (585+ words) This Wednesday, Financial Services Minister Daniel Mulino announced to the National Press Club a suite of reforms that looked to correct issues with the Compensation Scheme of Last Resort (CSLR), super protections and access to financial advice. “We will also…...

3+ week, 4+ day ago   (489+ words) Money stress is shaping up as a workplace issues, not just a retirement one. Employees who feel uncertain about their financial future are carrying that uncertainty into the office, according to MLC’s latest research. Nearly two-thirds (65 per cent) say their…...