Professional reputations could be harmed if the government does not distinctly delineate between its proposed new class of advisers (NCAs) and financial advisers, the FAAA warns.
The financial advice industry has finally earned "profession" status and has the potential to self-regulate in the near future, according to FAAA chair David Sharpe.
ASIC and APRA have sent a letter to superannuation trustees reminding them of their obligations under the Financial Accountability Regime before it applies to them come March 2025.
Total superannuation assets increased by 3.7% over the quarter to reach $4.1 trillion as at September 2024, of which $2.8 trillion are in APRA-regulated funds. Total contributions increased by 13.1% ...
Australian Retirement Trust and Industry Super Property Trust signed a 99-year lease from the University of Sydney to build a healthcare and life sciences hub.
Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy ...
Brighter Super is reducing administration fees from January 1, while also introducing a weekly account keeping fee. It's also changing the way death benefits are dealt with.