Page 44 - Peter Johnston News Today

The AIOFP has suggested a federal ICAC could be in the best interests of consumers given minister Jane Hume’s and Treasurer Josh Frydenberg’s pre-political careers in banking.

The AIOFP has called for new amendments to be made for the compensation of last resort scheme (CSLR), questioning the governments decision to exclude banks from the new obligations.

It has asked whether Senator Jane Hume’s and Treasurer Josh Frydenberg’s pre-political careers in the banking industry create a conflict of interest.

As of 1 January, ASIC will take on the administration of the financial adviser exam. In a brief statement issued on Tuesday, the corporate regulator relayed its new responsibilities following the pas

ASIC has remained tight-lipped on the process for the forthcoming transition of FASEA but promises that plans to announce it are “imminent”.

ASIC has revealed a major focus over the next 12 months will be to identify and pursue “opportunities for smarter regulation”. In its July-September quarterly update released on Wednesday, the c

It's spring in South Africa, and Danie Bester's tillers are rusting in a corner of his farm.

Instead of dousing the fields with pesticides, installing irrigation systems, and churning the earth with heavy tillers, Danie Bester grows cover crops during the off-season. Cattle graze on the plants, dropping dung as added fertilizer

The financial advice sector has generally welcomed the implementation of the Better Advice Bill, however concerns by some groups in the industry remain. Passed in Parliament last week, the bill ensur

The SMSF Association is the latest industry group to throw its support behind the Financial Services Council (FSC) which proposes a number of advice reforms.