Financial Services Council tells Productivity Commission the Government's preferred approach on default superannuation funds is based on incorrect information....
The ATO has reconfirmed that interest payments are not an essential feature of a loan, potentially opening the door for zero-interest related party loans to self-managed ...
Submissions to the Productivity Commission the reveal depth of the divide between government and industry on default funds....
Major superannuation funds argue that all the beneficiaries of SuperStream should pay for its implementation....
The Government has been taken to task over failure to deliver on details necessary to appropriately design MySuper products....
Treasury has outlined the details of its administrative penalties regime for trustees of SMSFs, which will apply from 1 July, 2013....
The Opposition says the Government is trying to short-circuit the Productivity Commission by establishing a formal position ahead of its findings....
The Government needs to release details on how grandfathering will apply to MySuper to allow super companies time to fit in with legislation, says CSSA President Douglas ...
Concerns have been raised about the ever-shrinking independent dealer group sector and the potential impacts on the advice provided to clients in the future....
Amid the ATO's confirmation that it will again be focusing on trusts, the Institute of Chartered Accountants has called for a simpler tax regime....
Financial Services Council chief executive John Brogden has lobbied Washington for an intergovernmental agreement to resolve the FATCA debate....
With FOFA having passed both the House of Representatives and the Senate, all eyes in the financial services industry will now be turned to ASIC and the consequent shape ...
Dimensional Fund Advisors' Gerard O’Reilly believes the focus of retirement planning should move from savings in the abstract to consumption planning....
Corporate superannuation specialists are warning of an administration minefield amid a lack of clarity on grandfathering arrangements....
Given the end of the 2011/12 financial year also represents the start of a 12 to 14-month countdown to the next federal election, the time available for Bill Shorten to m...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...