ATO

Superannuation

Big, highly-exposed superannuation funds continue to make the bulk of hardship, early release superannuation payments....

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Superannuation

A major industry fund, LUCRF has revealed the manner in which the Australian Taxation Office has at first approved hardship early release superannuation requests and then...

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Policy & Regulation

The Tax Practitioners Board has terminated the registration of former KPMG partner, Christopher Allenby....

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Superannuation

The Australian Financial Complaints Authority has been hit by a surge of complaints relating to hardship early release superannuation, with many based on superannuation f...

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Superannuation

Since the start of the scheme in April, 94% of payments were made within five business days, according to data....

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Policy & Regulation

The Australian Prudential Regulatory Authority was given less than one day to consider the early access to super scheme. ...

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Policy & Regulation

Seventy-four tax practitioners are going to have to explain themselves to the Tax Practitioners Board over possibly fraudulent SMSF annual returns and face sanctions if t...

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Tools & guides

With the Budget postponed until October, the economic stimulus measures implemented for COVID-19 mean advisers have to contend with a whole new world, writes Jeff Scott....

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Superannuation

Superannuation funds may not have been responsible for the $150,000 early release fraud being investigated by the Australian Federal Policy but their members will ultimat...

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Superannuation

The industry super fund has paid a total of $693.4 million to over 100,000 members in early super release payments....

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Financial planning

ATO guidelines on JobKeeper legislation will help accountants better understand when the integrity rules will or will not work....

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Features

Self-managed superannuation funds have been weathering the COVID-19 storm, writes Mike Taylor, but should be alert to the price they may be asked to pay as part of the re...

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Superannuation

With the average early release superannuation draw-down standing at slightly over $8,000 and with the load spread across virtually superannuation funds, the industry is h...

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Superannuation

Australians are being targeted by scammers posing to be from Government agencies and that real estate agents are now telephoning tenants to access their super before aski...

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Superannuation

A 25-year-old who accessed $10,000 of their superannuation early could lose $60,000 when they retire, an accounting firm warns. ...

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago