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COOPER REVIEW
Superannuation
The Cooper Review has been warned that a substantial gap exists between the audit standards required by ASIC and those allowed with respect to SMSFs....
Financial planning
A further preliminary report from the Cooper Review regarding its new MySuper proposal argues that trailing commissions should become a thing of the past....
Superannuation
The National Institute of Accountants has accused the ATO and major superannuation funds of contributing to negativity around SMSFs....
Superannuation
ING argues that the regulations around SMSFs need to be tightened but not so much as to preclude entry to the sector....
Editorial
Jo-Anne Bloch will leave the Financial Planning Association in the coming weeks, and her replacement must be non-partisan....
Financial planning
Midwinter Financial Services has released new product replacement software in anticipation of a change from the current 'reasonable basis' test for advice to the implemen...
Financial planning
The outgoing chief executive of the Financial Planning Association, Jo-Anne Bloch, has criticised the three government reviews as a "hodgepodge" of issues and pointed to ...
Financial planning
ASFA joins with IFSA in questioning the validity of APRA fund-level data....
Financial planning
The Australian Bankers' Association has warned of the consequences of too much focus being placed on superannuation in the provision of financial advice....
Financial planning
ASFA has called for the Government and regulators to mandate data standards and provide a stable policy platform that will support investment in systems and processes....
Financial planning
The Cooper Review's focus on making superannuation administration more efficient has won industry support....
Superannuation
MLC has called for an extension of the powers of the Superannuation Complaints Tribunal to handle SMSFs, while supporting the continuation of planner remuneration for the...
Financial planning
ING urges extension of CGT rollover relief to help get rid of legacy life issues....
Superannuation
Tax Institute warns against imposing penalties on SMSFs that are so high they wipe out balances....
Financial planning
The Federal Government is considering introducing changes to its superannuation contributions cap regime to eliminate perceived discrimination against women and some part...
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MARKET INSIGHTS
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...