treasury

Financial planning

Coalition declares approach on grandfathering

Grandfathering will remain under a Coalition Government unless the client decides otherwise....

Financial planning

There will be no quick fix to the grandfathering issue and the movement of planners between licensees because any possible post-election scenario could take several month...

Editorial

Don’t move – or I’ll shoot your commissions

The Association of Financial Advisers was right to open talks with Treasury officials around the status of grandfathering when planners move between one licensee and anot...

Financial planning

FOFA questions continue to trouble planners

The FOFA legislation once heralded was a long time coming – and with its implementation date has also arrived a raft of questions as to how parts of the legislation will ...

Policy & Regulation

Foreign fund managers to gain local tax exemption

Draft legislation will exempt offshore managers if they engaged with local intermediary. ...

Superannuation

Coalition will reneg on 12 per cent - Bowen

Federal Treasurer claims a Coalition Government will never deliver on a 12 per cent super guarantee....

Financial planning

AFSL acquisitions loom in grandfathering equation

Planning companies willing to acquire licences may be able to secure grandfathering arrangements. ...

Financial planning

Grandfathering changes already impacting acquisitions

Planners are already changing their commercial decisions on business acquisitions because of grandfathering issues. ...

Financial planning

FPA blasts TPB over lack of understanding

The Financial Planning Association (FPA) has criticised the Tax Practitioners Board (TPB) for its lack of understanding of the financial advice industry structure, highli...

Financial planning

AFA warns on grandfathering

The AFA is working with Treasury to prevent the loss of grandfathering on existing clients when advisers change licensees. ...

Policy & Regulation

FATCA delay to help with FOFA implementation

Australian financial services institutions have received some breathing space with regards to the implementation of FOFA and Stronger Super as the US announces a six-mont...

Editorial

How TASA will affect financial planners

Financial planners may have won something of a victory in terms of TASA implementation, but the Financial Services Council’s Cecilia Storniolo writes that those impacted ...

Financial planning

Research questions impact of industry change

The finance sector outlook is positive, but change will be an ongoing feature....

Life/Risk

Insurance key in super transfers

Funds receiving compulsory lost super transfers via the ATO should be required to deliver on insurance, says ASFA....

Superannuation

SMSF bereaved may be hit hard by $100,000 limit

Those hardest hit by the $100,000 limit on the pension income tax exemption may well be those left behind after the death of an SMSF pensioner, according to Bryce Figot a...