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NewsAustralian fixed-income specialist FIIG Securities Limited (FIIG) has been ordered to pay $2.5 million in penalties after ASIC brought a case against the firm for failures to protect thousands of clients from cyber security threats for more than four years. In addition to the…
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NewsThe Institute of Financial Professionals Australia (IFPA) Superannuation and Financial Services team has pulled together a snapshot of the most important policy, regulatory and legislative developments for 2025. This wrap-up highlights what has changed, what it means for…
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NewsAt the Institute of Financial Professionals Australia (IFPA), we are committed to keeping members informed as the tax framework continues to evolve. Our focus is on cutting through the noise to highlight the changes that matter most for you and your clients. Below is a concise…
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NewsFraud is on the rise, according to a new Equifax report, but brokers are finding AI to be a great tool for handling administrative tasks. Almost three-quarters of Australian mortgage brokers have been impacted by scams or fraud over the last 12 months, a sharp increase from the…
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NewsDear Member, Today’s announcement from the Treasurer marks a significant shift in the proposed Division 296 tax and a welcome improvement from the original design. From the beginning, the Institute of Financial Professionals Australia (IFPA) has strongly opposed this measure…
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NewsThe proposed extra 15% tax on super balances over $3 million from 1 July 2025 has sparked much debate. Sold as a move to make the super system “fairer”, the reality is much different and questions about fairness, logic, and long-term impact remain unanswered. Here are six…
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