government

Financial planning

FOFA reforms: are financial planners the biggest losers?

Money Management recently hosted a roundtable about the effects of the Government’s proposed Future of Financial Advice reforms. The key concern of those present wa...

Editorial

Strategic thinking and your SMSF

Kristian Wangvisutkul answers some commonly asked SMSF investment strategy questions, and outlines the Stronger Super announcements that could impact future requirements....

Policy & Regulation

FOFA reforms threaten smaller players

The Federal Government's Future of Financial Advice (FOFA) changes carry with them the genuine risk of benefiting the big banks, institutions and industry funds at the ex...

Financial planning

Financial services hub funding finally on offer

The Federal Government's election promise to turn Australia into a financial services hub is starting to take shape, with the tender process beginning for the Centre for ...

Financial planning

End of CGT means members foot the bill

Superannuation funds looking to merge have been urged to push the issue of continuing capital gains tax relief for merged funds with the Government, in light of the actua...

Editorial

Are industry super funds playing with a stacked deck?

Perceptions exist that the industry super funds have succeeded in having the Government stack the cards against financial planners. Mike Taylor writes it is up to the Ass...

Tools & guides

Adjusting to concessional superannuation contribution changes

David Shirlow takes a look at the Government's concessional superannuation contribution changes and what they mean for clients....

Superannuation

Fraud compensation leaves SMSFs out in the cold

The collapse of Trio Capital and the subsequent lack of financial assistance for SMSFs has revealed a gaping hole in the compensation safety net for SMSF investors....

Financial planning

No quick fix solution to flood cover

Making flood insurance compulsory or coming up with a common definition of flood will not necessarily mean that insurers will offer it - nor will it make insurance more a...

Financial planning

Pre-budget calls for contribution cap relief

The National Institute of Accountants and The Tax Institute have appealed to the Government to relax the strict conditions around contributions caps in the upcoming Feder...

Financial planning

AMP Horizons prepared for new education framework

With the Government promising to increase education requirements for financial planners through its Future of Financial Advice (FOFA) reforms package, the AMP Horizons Ac...

Financial planning

Tyndall cautious on fixed interest

Several risks, including Australia's high employment rate, rising oil prices and political unrest, have resulted in Tyndall Investments adopting a short-term position in ...

Policy & Regulation

MIT tax changes deferred

A range of changes to the tax system governing managed investment trusts (MITs) has been pushed back a year to 1 July, 2012....

Policy & Regulation

FOFA ineffective without better policing

Shadforth Financial Group chief executive Tony Fenning believes the implementation of the Future of Financial Advice (FOFA) reforms is likely to entail a lot of work with...

Editorial

No right of appeal hurts FOS' credibility

The Financial Ombudsman Service (FOS) no doubt believes it is doing a good job – and it is certainly operating within the guidelines laid down by ASIC – but i...