FPA

Financial planning

Govt grants breathing space on TASA bill

The Federal Government has bowed to industry pressure by allowing planners breathing space on TASA transition....

People & Products

AFA makes new board appointment

The AFA has appointed Deborah Kent to its board as NSW director, replacing Mark Hoskin....

Accounting

Accountants resist TASA delay

CPA and ICAA argue against any delay to TASA implementation, claiming it will generate consumer uncertainty....

Financial planning

Planners struggling to meet FOFA standard

FPA points to lack of regulatory information as reason for planner unpreparedness for FOFA. ...

Financial planning

FPA writes to parliamentarians on TASA

The FPA has written to all members of Parliament stressing the level of unknowns impacting planners in the TASA bill....

Accounting

TASA bill set for tabling this week

FPA and AFA make last-ditch call for financial planner elements of TASA bill to be removed to allow appropriate review....

Superannuation

Planner bodies welcome contribution cap increase but reject tax rate hike

Super contribution cap welcomed for older workers but slug on higher earners is disincentive and adds complexity to system...

Financial planning

Send TASA to committee, says FPA

The FPA is calling for Tax Agent Services Act (TASA) amendments to be sent off to a committee and possibly deferred for another six to 12 months, following the tabling of...

Financial planning

Enshrinement passes House of Representatives

Only the Coalition in the Senate stands between the passage of the legislation enshrining ‘planner’/‘adviser’....

Policy & Regulation

Govt so far unmoving on TASA extension

Govt appears unmoved by industry efforts to extract a further extension of the TASA arrangements....

Superannuation

Industry welcomes budget without drastic changes

Despite comments by the Prime Minister Julia Gillard some weeks ago that “everything was back on the table” when it came to superannuation, the financial services industr...