FPA accuses ASIC of fee gouging A proposed 38% per adviser increase in fees levied by the Australian Securities and Investments Commission has proved too much for the Financial Planning Association which has accused the regulator of ‘fee gouging’. For more.

Has COVID-19 impacted the relationship between fund managers and research houses? Oksana Patron examines the relationship between fund managers and research houses and whether it has been affected by the recent COVID-19 pandemic. For more.

FSU asks for member compliance in NAB investigation The Finance Sector Union of Australia is asking NAB employees to assist in the audit of their pay, to correct the bank’s failure to remunerate staff. For more.

Super funds continue strong in May Superannuation funds were hit hard in February and March and since then had two strong months with the median balanced superannuation fund rising 2.1% in May on the back of the economy reopening, according to SuperRatings. For more.

ASIC to end COVID-19 relief instruments in October The Australian Securities and Investments Commission has announced it has registered an amending instrument to specify an end date for three COVID-19 related instruments. For more.

FASEA exam extension closer, but not absolute The Senate has passed the omnibus bill containing the extension of the Financial Adviser Standards and Ethics Authority exam time-table, but a question mark remains related to how the Government handles unrelated amendments. For more.

Superannuation too important for tinkerers There has been a good deal of policy kite-flying around superannuation but it is arguably too important for policy kite-flying. For more.

InFocus: Conducting reviews in difficult times (Part 2) In the second part of his look at client reviews, Astute Wheel’s Hans Egger outlines the steps which should be taken in the actual client review. For more.