Page 5 - Wealth Summit News Today

SYDNEY (Reuters) - Australia's corporate watchdog is investigating several companies and financial institutions for "greenwashing", or exaggerated cla...

AMP, Vanguard and Insignia Financial say it’s an all-or-nothing proposition for Australians that want financial advice. But recommended reforms hang in the balance. 

The Labor government plans to scale back superannuation tax concession for the wealthy. Speaking at The AFR Super and Wealth Summit, Financial Services Minister Stephen Jones said Labor plans to tack

Australia's corporate watchdog is investigating several companies and financial institutions for "greenwashing," or exaggerated claims regarding

Australian shares are set to edge higher. Wall St pares earlier gains. $A briefly tops US65¢. Bitcoin plunges; Binance to acquire FTX.

Follow the AFR Super & Wealth Summit; Coalition says any move by Labor to limit super balances, tighten tax concessions would be “massive broken promise”. Updates here.

Holon Investments may not resume crypto trading after a closed-door meeting with ASIC revealed the regulator would not budge from its “hardline” stance.

The $48 billion of annual superannuation tax breaks should be curtailed for the wealthy to help repair the federal budget, an expert says.

Allens Linklaters partner Michelle Levy wants to simplify the laws governing financial advice to help end the exodus of professional advisers that has pushed up fees.

The analysis detected an 8.8 per cent increase in average fraud rates in local government areas that experienced above-median financial adviser retirement rates.