BUDGET

Superannuation

A pause in the superannuation guarantee at its current 9.5% is looking almost certain in next month’s Budget and no one is ruling out a further extension to hardship earl...

Superannuation

The SMSF Association has welcomed the Government’s proposed changes regarding calculating ECPI and increasing the age where the work test for making contributions to supe...

Financial planning

The Financial Planning Association has welcomed last night’s Federal Budget, but cautioned that using ASIC’s industry funding model to pay for implementing Royal Commissi...

Policy & Regulation

The Australian Securities and Investments Commission has announced increases in its levy demands on financial planning firms despite substantial increases in funding to b...

Superannuation

The Federal Government should use the upcoming federal budget to improve protections for super fund members, according to Dixon Advisory....

Policy & Regulation

The Australian Securities and Investments Commission and the Australian Prudential Regulation Authority have already been identified as major funding winners from next mo...

Policy & Regulation

The Financial Services Council has called on the Government to finally act on tax relief allowing consumers to be rolled out of legacy financial products....

Policy & Regulation

Industry organisations and firms have until 1 February to lodge a pre-Budget submission with the Federal Treasury but, thus far, no one actually has....

Superannuation

The Federal Senate will this week consider the controversial amendment to the Superannuation Industry (Supervision) Act first proposed by the then-Treasurer Scott Morriso...

Superannuation

New research from SuperRatings has found that it is smaller superannuation funds which will be most impacted by the Government’s Budget changes to the treatment of low ba...

Superannuation

The Federal Government’s Budget changes impacting low-balance superannuation fund members could contradict best interests requirements by leaving them worse off....

Superannuation

The SMSF Association’s auditor members are concerned about the details of the proposed Budget changes and the effects on their audit businesses....

Policy & Regulation

The Federal Treasurer, Scott Morrison has sent a clear signal that the Government won’t be tinkering with the superannuation guarantee in next week’s Budget....

Superannuation

A new survey has confirmed superannuation industry concerns that the Government’s Budget measures will serve to reduce post-retirement incomes....

Superannuation

The 2017/2018 Federal Budget has little good news for SMSF trustees and administrators, according to BGL Corporate Solutions....

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