Money features

The Westpac appeal decision makes it clear that you can’t dress-up a sales campaign as "general advice."

'General advice' survives head-on collision

For organisations happy to engage with their customers to genuinely expand their financial literacy around important choices which are open to them, there is scope for "general advice" to continue being provided

Dick Smith claimed to have received a $500,000 refund due to his imputation credits.

Franking credit refund mystery explained

Dick Smith supported the ALP's policy to abolish cash rebates for people with excess franking credits and claimed to have received rebates of $500,000 in 2016-17 and $250,000 in 2017-18

Cbus offers bonus on income streams

Industry super fund giant Cbus has joined a growing number of funds to offer a bonus to members who convert their retirement savings to an income stream.