News : Financial Planning

No simple advice definition coming

September 22, 2025

The government will not be providing a definition of what will be considered simple advice under the Delivering Better Financial Outcomes package.

September 17, 2025

ASIC has banned an accountant after it found he provided unlicensed advice about setting up SMSFs and rolling funds into them.

September 11, 2025

The funding shortfall regarding the CSLR should be borne by the entire financial services industry as well as the government sector.

September 4, 2025

An additional levy on advisers to fund the CSLR is a band-aid solution, when the compensation scheme needs to be urgently reformed.

September 4, 2025

The FAAA hopes draft legislation regarding the new class of adviser will be released soon so the industry body can work out the impact on the sector.

September 3, 2025

A recent analysis on the value of financial advice has confirmed there is an untapped market for practitioners among younger Australians.

September 2, 2025

Advisers charging their own SMSF for work they have carried out may inadvertently breach early access rules.

September 2, 2025

An adviser who recommended the use of SMSFs for property investments has been banned for not acting in his clients’ best interests.

September 2, 2025

The FAAA has called on Treasury to apply the Compensation Scheme of Last Resort special levy across a broader range of sectors.

September 1, 2025

ASIC is looking to pursue further action against an adviser involved in the failed First Guardian and Shield master funds.