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Financial planning
The Australian Council of Trade Unions has condemned the Government’s proposed changes to self-managed superannuation funds structures as an estate planning vehicle and c...
Financial planning
Advisers are asking the most questions about JobKeeper rules for both their clients and for their own businesses, according to BT....
Financial planning
The Administrative Appeals Tribunal has set aside the disqualification of SMSF auditor John Gilliland by the Australian Securities and Investments Commission....
Financial planning
Hussain Nazeer submitted false claims which resulted in almost $180,000 that he kept himself....
Funds management
Retirees who took more than the reduced minimum amount as a pension before the change became law can only treat payments made after 24 March, 2020, as lump sum commutatio...
Funds management
The Australian Tax Office has confirmed that a part disposal of a home can be claimed as downsizer contributions and this has been extended to DomaCom’s senior equity rel...
Superannuation
Superannuation funds are carrying out double-checks around surprisingly high instances of different bank account numbers being used by members seeking early access to sup...
Superannuation
Superannuation funds may not necessarily be held responsible for making good the losses caused by fraud around the Government’s hardship superannuation early release regi...
Policy & Regulation
The Federal Court has delivered two judgements against Kent Hacker and his business One Stop Global Staffing for contravening the Tax Agent Services Act 2009 and were in ...
Financial planning
Deregistered tax professional Alana Hodge has been sentenced to three years jail for fraudulently obtaining almost $200,000 from the ATO. ...
Policy & Regulation
The Victorian-based company was banned for misleading the Australian Tax Office after an investigation from the Tax Practitioners Board....
People & Products
Wealth manager JBWere has extended its virtual managed accounts agreement with Praemium for another two years. ...
Superannuation
The Government’s hardship early release superannuation scheme has “wiped out” the retirement balances of hundreds of thousands of Australians, according to Industry Super...
Superannuation
Members who have accessed hardship early release superannuation should understand that they may be audited by the Australian Taxation Office to determine whether they wer...
Superannuation
From go to woah, the latest Australian Prudential Regulation Authority data has revealed no slackening in demand for hardship early release superannuation....
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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?...