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ASIC levy review targets adviser ‘time-lag’ issue

The review will consider “the consequences of time lags between regulatory action and cost allocation”, the terms of reference states.
Tahn Sharpe | 11th Aug 2022 | More
Advisers regain control of their future

To say the last few years have been testing for advisers would be a gross understatement. The reverberations of the Hayne Royal Commission, which highlighted important issues, though mainly those faced by vertically integrated institutions, has led to a big increase in compliance costs and regulatory hurdles. The result in many cases has been the…
Drew Meredith | 14th Dec 2020 | More
FASEA to be disbanded, exam still required

2021 may be shaping up as the ‘Year of the Financial Adviser’. After what has been a tumultuous and stressful few years for the industry, promises of a more streamlined regulatory framework may finally be coming to fruition. Assistant Minster for Superannuation and Financial Services, Jane Hume, and Treasurer Josh Frydenberg had a business day…
Drew Meredith | 9th Dec 2020 | More
    • The recession is over, where to now?

    There are positive signs for the Australian economy following Wednesday’s third quarter GDP figure. It was a positive reading of 3.3% quarter on quarter, signalling a rebound in the economy is well underway. This marks the end to the pandemic led economic downturn and a gradual return to business normality. It was a massive beat…
    Ishan Dan | 3rd Dec 2020 | More