Superannuation

INDUSTRY NEWS

BGL partners with Schroders and Aberdeen

SMSF administrator BGL has partnered with fund managers Aberdeen and Schroders to automate the collection of contract notes for purchases of managed funds....

INDUSTRY NEWS

Super funds could lose MySuper for conflicted remuneration

MySuper licences could be cancelled if super fund trustees breach guidance on giving and collectively charging for intrafund advice, ASIC has warned....

INDUSTRY NEWS

Mixed response to super changes

The financial services industry is calling for a bipartisan approach to the newly announced super changes, with many raising concerns about complexity. ...

INDUSTRY NEWS

Coalition claims Govt may hit super again in Budget

Hockey and Cormann claim there are no guarantees the Government won’t make further changes to super in the May Budget....

INDUSTRY NEWS

Govt policy could prompt outflows from super

The Federal Government's changes to superannuation could result in a significant outflow of funds from the super system as people with high balances seek to avoid the imp...

INDUSTRY NEWS

Govt sets $100,000 a year super threshold

Govt sets tax-free limit of $100,000 and announces a Council of Super Guardians....

INDUSTRY NEWS

AFA calls for amnesty on super

AFA president Michael Nowak is calling for an amnesty on changes to super in next month’s Federal Budget in order to restore consumer confidence in the retirement system....

INDUSTRY NEWS

Are concessional settings prejudiced against SMSFs?

Lawyer Peter Townsend questions whether concessional tax settings are prejudiced against businesses using SMSFs....

INDUSTRY NEWS

Swan refuses to explain Budget imperative on super

Swan refuses to explain why super changes are being pushed into Budget if they are not aimed at major savings....

INDUSTRY NEWS

How SMSF trustees can handle a super law contravention

Irina Tan and Bryce Figot from DBA Lawyers explain the intricacies around dealing with the Australian Taxation Office and handling contraventions. ...