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ATO to ask individuals and advisers to explain offshore tax structures. ...
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Colonial First State has introduced an FDS capability and completely removed conflicted remuneration from its platforms ahead of the looming FOFA deadline....
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Treasury are concerned further reforms to develop a deeper deferred lifetime annuity market may create a tax loophole for planners and product developers said The Actuari...
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Advisers servicing former or current non-residents should be mindful of the proposed changes to capital gains tax, according to Hall & Wilcox Lawyers....
INDUSTRY NEWS
AFA chief executive, Brad Fox says advice firms are being placed under pressure by the continuing regulatory unknowns around FOFA....
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Australia’s new Tax Commissioner signals fewer high-profile court cases....
INDUSTRY NEWS
Some measures within ASIC’s guidance on conflicted remuneration appear to be excessive, according to Tria Investment Partners managing director Andrew Baker....
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Following ASIC’s introduction of new credit reforms, an operator and its director have been banned from conducting any credit business....
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Financial planning software provider COIN expects to be conducting Future of Financial Advice (FOFA) adjustments for the next 18 months. ...
INDUSTRY NEWS
The IPA has said if Federal Government does nothing to alleviate small business costs, the likely outcome is job cuts....
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Treasury officials point to looming announcement on grandfathering rules – but claim original design was too “liberal”....
INDUSTRY NEWS
The dawning realisation that grandfathering arrangements may be put in jeopardy is likely to create a spike in the number of planners changing dealer groups before 30 Jun...
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The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...