The Government has moved to raise the concessional tax rate for superannuation balances exceeding $3 million from 15% to 30%, which has received mixed feedback from industry.
With over 95% of both FPA and AFA votes in favour, the proposed merger of the entities into the Financial Advice Association of Australia (FAA) has been confirmed.
The “green superpower” has benefited from a surge in demand from ESG investors, despite continued concerns over the country’s social and governance practices.
Dealer groups that win the adviser relationship will be those that place digital at the centre of their adviser value proposition, according to Midwinter.