AUSTRALIAN TAXATION OFFICE

Superannuation

Macquarie Bank's David Barrett takes a closer look at the cost complexities of setting up a SMSF....

Financial planning

ASFA suggests the development of specialised accreditation for planners providing retirement and post-retirement advice....

Superannuation

Financial product-style regulation would be a poor fit for SMSFs, SPAA says....

Superannuation

ASFA claims SMSFs utilising limited recourse borrowing arrangements are yet to have a significant impact on residential property markets....

Superannuation

AIST has used its initial FSR submission to continue its push against conflicted remuneration, particularly asset-based fees....

Accounting

The ICAA has defended the ATO’s SMSF jurisdiction while suggesting consumers need to take more responsibility for their advice outcomes....

Accounting

The Australian Taxation Office (ATO) is pushing all taxpayers with offshore assets to declare their interests before it starts a global clampdown on tax evasion....

Superannuation

While the quantum of overseas shares held in SMSFs has been increasing, it is still miniscule as a percentage of total SMSF assets. ...

Superannuation

Global equities make up only a small proportion of total self-managed super fund (SMSF) assets and investors are “missing the boat”, according to Insync Fund Managers....

Superannuation

Slater & Gordon has launched a campaign to encourage “ordinary Australians” to track down lost super....

Policy & Regulation

New legislation that empowers the tax office to hand out reformist penalties to SMSF trustees who inadvertently break the law has been praised by SPAA....

Superannuation

SPAA has argued the self-managed super fund levy could come down substantially after recent government measures saw the clearing of the tax amendments backlog....

Superannuation

New legislation has lifted the penalty regime around illegal early release super schemes....

Superannuation

The Australian Taxation Office is cracking down on non-lodging self-managed super funds, declaring them as non-persons if they do not lodge two or more returns....

Superannuation

The Australian Taxation Office (ATO) will have stewardship of the SuperStream gateway network for two years, the Treasury has said. ...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 6 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 12 hours ago