Recovery Implementation Statement News Today

There seemed to be changes in rules and regulations every month during 2023 and SMSF trustees, auditors and advisers were being buried under the weight of new legislation. These were coupled with hi

The update links to super regulator updates (ATO, ASIC and APRA), legislation and cases relating to superannuation.

The FBAA has warned it will be “keeping a very close eye on” ASIC fee estimates towards 2023.

The federal government is seeking stakeholder views on the ASIC funding model. The government has released a discussion paper after commencing the review of the ASIC industry funding model (IFM) in A

The current industry funding model has been in place for five years. The federal government has announced it has commenced a review of the ASIC industry funding model (IFM) that commenced in July 201

Expectations were high as the clock struck 00:00 and we embraced 2021 with open arms, but the year birthed an abundance of challenges both professional and personal for many across the country. 2021

Daily online news, analysis, feature articles, reports and business strategy geared to helping Australias financial planners and advisers drive business growth

The Morrison Government is today announcing temporary and targeted relief for financial advisers by reducing the cost recovery levies charged by the...

Temporary relief for financial advisers is imminent, with Treasurer Josh Frydenberg announcing on Monday morning that the cost of levies charged by ASIC will be reduced.

ASIC defends higher industry levies subscribe Reporter Reporter A A The financial services regulator has responded to concerns that it has substantially upped its levies, outlining that it needs the extra funds to cover its post-royal commission enforcement activities. Last week, the Australian Securities & Investments Commission (ASIC) released a summary of its actual regulatory costs and actual levies for the year 2019-20. ASIC confirmed its regulatory costs to be recovered through indu...