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Superannuation
Accounting bodies have supported the Government's proposed changes applying to SMSF auditors as part of its Stronger Super package....
Superannuation
Accounting bodies have supported the Government's proposed changes applying to SMSF auditors as part of its Stronger Super package....
Financial planning
Within days of the Government's expected release of its Stronger Super proposals it has been warned it risks creating an industry fund monopoly....
Financial planning
Amid suggestions of unintended consequences, Assistant Treasurer Bill Shorten promises amendment mechanisms but only after bills have been tabled in the Parliament....
Financial planning
A submission filed by the National Financial Services Federation has accused Assistant Treasurer Bill Shorten of pre-determining the outcome of changes to credit protecti...
Financial planning
The Federal Opposition has declared that repairing the Budget balance sheet will take priority over a higher Superannuation Guarantee....
Policy & Regulation
The Federal Government would be likely to garner grudging (but majority) financial planning industry support for its Future of Financial Advice (FOFA) legislation if it w...
Financial planning
A new Money Management survey reveals most planners believe opt-in will cost $100 per client - not the Government's $11 figure....
Editorial
Financial planners have finally been given the details of the Government's FOFA reforms. In an editorial written prior to the release of the reform package Mike Taylor wa...
Policy & Regulation
The Federal Opposition has accused Assistant Treasurer Bill Shorten of allowing his industry fund affiliations to distort the FOFA legislation....
Policy & Regulation
The Government has delivered the first draft of its FOFA legislation, confirming the two-year opt-in and a proposed ban on asset-based fees with respect to gearing....
Financial planning
The Government has announced the proposed new fee model to raise around $18 million to have the industry fund ASIC's market supervision activities....
Policy & Regulation
The Government has announced its October Tax Forum will be facilitated by economic commentator and founder of ipac securities Paul Clitheroe, along with Fairfax journalis...
Financial planning
The Government has moved to place limits on the fees payday lenders can charge to 'small amount' borrowers, inviting comment on draft legislation....
Policy & Regulation
The Government's Future of Financial Advice (FOFA) proposals combined with the long delays in delivering the actual legislation have served to drive down confidence among...
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MARKET INSIGHTS
Podcast
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...
So we are now underwriting criminal scams?...