government

Superannuation funds demand more time on risk reserves

APRA told superannuation funds will struggle to meet operational risk reserve targets during what is the worst possible time....

Editorial

Is it the end of the dealer group as we know it?

Mike Taylor asks whether the formation of BT Select and the continuing competition between BT and Count Financial reflect the end of the current dealer group model....

Editorial

Uncertainty besets financial services as Government rushes reforms

Rushed financial services reforms such as FOFA and Stronger Super are exacting a heavy toll on financial planners and superannuation funds....

Superannuation

Early release super schemes come under Government scrutiny

Promoters of early release of superannuation benefits schemes are set to face tough penalties under proposed additions to the Government's Stronger Super reforms....

Superannuation

SPAA lobbies against ban of off-market transfers

Despite welcoming the Government's decision to defer the proposed ban on off-market transfers between SMSFs and related parties where a market exists, SPAA continues to l...

Superannuation

SPAA seeks better controls on off-market transfers

The SMSF Professionals' Association of Australia is continuing to advocate tighter legislative controls around off-market transfers, despite the Government's decision to ...

Editorial

Accountants get their slice of the financial advice pie

While the industry has given a broad welcome to the limited licensing regime, accountants will need to be subjected to the same scrutiny as financial planners, writes Mik...

Policy & Regulation

Potential tax traps for pre-retirees - Canstar

Canstar has warned pre-retirees to check their contributions now to avoid the potential tax traps of exceeding the new cap....

Policy & Regulation

FOFA implementation may fuel practice sales

Radar Results points to likely increase in practice sales as financial planners position ahead of 2013 FOFA implementation....

Superannuation

ICAA positive on limited licensing

Institute of Chartered Accountants CEO Lee White sees challenges and positives in the new limited licensing regime replacing the accountants' exemption....

Superannuation

SPAA concerned about APRA levy burden

SPAA concerned about the degree to which SMSFs will be levied on SuperStream....

Superannuation

Draft MySuper amendment clouds Productivity Commission findings

A draft amendment to the MySuper legislation appears aimed at entrenching some of the existing default superannuation fund regime....

Superannuation

Industry super funds' primacy in question following Productivity Commission findings

The Productivity Commission's core recommendations on default funds will open up the sector to more players and reduce the primacy of industry super funds....

Policy & Regulation

Cormann warning on MIT withholding tax deal

The Federal Opposition has criticised a deal between the Government and the Greens impacting withholding tax arrangements on MITs....

Superannuation

Productivity Commission draft report opens up default fund sphere

The Productivity Commission draft report on default superannuation funds under modern awards recommends opening up the sector to all approved MySuper products. ...