The advice industry has just seen two M&A announcements in the high-net-worth sector. LGT Crestone has acquired CBA Private, Commonwealth Bank’s private wealth arm and Evalesco is going to merge with ...
An adviser-led petition to reinstate the previous Australian Taxation Office interpretation of Reduced Input Tax Credits on advice fees has received backing from the Coalition ahead of an impending ...
Emergency Services Superannuation Board (ESSSuper) has commenced legal proceedings in the Federal Court against Iress and its wholly owned subsidiary Financial Synergy Holdings.
Even other members of Parliament aren’t entitled to knowing who is involved in the behind closed doors consultations of the Delivering Better Financial Outcomes legislation. Asked by Coalition Senator ...
Legislation tabled to Parliament to fight the “war on scams” shows financial advice has further fallen behind the government’s legislative agenda, Chris Dastoor writes. While the anti-scams law has ...
Commonwealth Superannuation Corporation has released its annual report for the 2024 financial year, posting a 9.1 per cent return for its Balanced MySuper option.
A Fair Work Commission ruling has shown that using offshore talent won’t absolve advice practices of any obligations under Australian employment law. A recent FWC case ruled in favour of an offshore ...
The Federal Court has ruled against ASIC in its proceedings against former Dixon Advisory director Paul Ryan over concerns he acted in the interests of parent company Evans and Partners rather than ...
The road to hell is paved with good intentions. Sadly, it seems increasingly likely that this ancient proverb might be appropriate to describe the outcome of the government’s efforts to implement the ...