The recently released Intergenerational Report shows the implications of an ageing population with rising health costs and fewer taxpayers by 2060.

The start date of the Design and Distribution Obligations, or DDO, is rapidly approaching. 

The FSC made a submission on 13 August to Treasury in respect of the Financial Accountability Regime (FAR) draft Bill, a recommendation of the Hayne Royal Commission due to start from 1 July, 2023.

It seems almost every day that a new regulation prescribing another form of disclosure is being piled onto the advice sector.

15 SEPT - BREAKING DDO NEWS: Nil complaints reports will be dropped; DDO won’t apply to employers issuing staff with default super; the personal advice exemption is being fixed. We’ve advocated strongly for this red tape to be removed, and welcome these amendments which will assist the efficient start of the mandatory regime on 5 October.  

Share your views on the draft Life Insurance Code of Practice 2.0. .