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Superannuation
The Federal Government is moving to ensure that SMSFs can continue to invest in instalment warrants despite an adverse regulatory interpretation by both the ATO and APRA....
Financial planning
The Federal Government paid more than $934 million in superannuation co-contribution payments to 1.2 million claimants in 2004-05, the first full-year of the expanded sch...
Financial planning
A legal loophole that allowed the funnelling of money into superannuation to defeat creditors will be closed under changes announced by the Federal Attorney General and t...
Financial planning
The Federal Government has attacked the Australian Labor Party's (ALP) announcement of a six-point strategy underlying the superannuation policy it will take to the next ...
Financial planning
An additional 500,000 individuals will be entitled to take part in the super choice regime, as regulatory changes give former state employees the right to move their supe...
Financial planning
Managed investment scheme promoters who exploit the tax system will be open to civil penalties in the Federal Court if a new bill is passed....
People & Products
Prime Minister John Howard has announced the make-up of his new government ministry, prompted by the retirement of former Defence Minister and Leader of the Government in...
Policy & Regulation
The assistant treasurer, Mal Brough, has rejected Labor’s call for a phasing out of the contributions tax for people earning $40,000 to $100,000 a year, stating that any ...
Financial planning
The Labor Party has indicated it has formulated a plan to make it easier for individuals to recover lost superannuation amounts in response to the ATO estimates that lost...
Financial planning
Australian couples will now be able to split their superannuation contributions after January 1, 2006, with legislation ratifying the move passed by the Senate....
Financial planning
Federal Assistant Treasurer Mal Brough has labelled Federal Opposition Leader Kim Beazley’s plan to channel superannuation monies toward new infrastructure projects as a ...
Superannuation
For so long, all of us have believed that superannuation is for the purpose of providing for our retirement. We told our clients to work hard, put their money into super ...
Financial planning
Term allocated pensions and retirees received a welcome boost yesterday after the Federal Government announced the results of its review of pensions provided by small sup...
Financial planning
The Federal Government has introduced legislation that will finally deliver on its 2004 election promise on superannuation splitting....
Financial planning
Many a financial planner would have spat out their coffee last June when news of the biggest potential shake-up of financial planning education landed on their desk. A sm...
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...