25 January 2010 | While there will be plenty of discussion around policy issues this year, the realities of the political cycle mean it will be well into 2011 before financial planners can expect to see any actual change.
15 December 2009 | The first preliminary report of the Cooper Review has pointed to a new architecture for the superannuation industry based on members rather than products, with trustees also being made more answerable.
13 October 2009 | As new research reveals the degree to which Australians are struggling with debt, Veda Advantage has called on the Government to speed up the implementation of comprehensive credit reporting.
18 September 2009 | A Senate Committee has recommended against forcing long-serving parliamentarians out of their lucrative superannuation arrangements.
7 May 2009 | The Minister for Superannuation and Corporate Law, Senator Nick Sherry, has unveiled the legislation that will push trustee companies into Commonwealth jurisdiction and under ASIC regulation.
5 May 2009 | The Federal Government has released the legislation it intends using to end golden handshakes to senior executives, with the draft containing some additional stings.
26 March 2009 | JENNY McMILLAN considers state-based family provision legislation and the effect it may have on estate planning.
16 March 2009 | Margin lenders will be forced to more closely check the borrowing capacity of margin lending clients under new legislation being developed by the Federal Government and outlined by the Minister for Superannuation and Corporate Law, Senator Nick Sherry.
4 March 2009 | Nick Sherry warns that the Government and the Australian Securities and Investments Commission are aware of instruments that mimic short-selling.
2 March 2009 | Government moves to close off regulatory gap and bring non-operating holding companies under APRA jurisdiction.
22 January 2009 | Storm Financial illustrates 'need for transparency'.
5 December 2008 | Industry consultation next step in regulatory process.
7 November 2008 | Strong concerns about changes to super arrangements for temporary residents.
24 September 2008 | Minister releases legislative draft and calls for industry input.
31 July 2008 | ASFA submission reveals that, at this stage, superannuation is not a big factor in death benefits.
21 July 2008 | Draft Bill will require planners to undergo additional training for tax advice.
27 June 2008 | Credit reporting system behind world standards.
19 June 2008 | Headland statement calls for better data, oversight of regulators and changes to takeovers provisions.
15 May 2008 | Changes to tax law will affect many.
29 April 2008 | Sherry wants SMSF penalty arrangements to better reflect desired results.
9 April 2008 | Sherry issues caution on transparency.
9 April 2008 | Gov’t urged to support reforms around mortgage-backed securitisation.
27 March 2008 | Initiative risks losing its appeal.
20 February 2008 | Kiwi legislation owes much to Australia.
13 February 2008 | Peak industry body suggests a number of changes.