TREASURY

Superannuation

The Treasury has invited consultation on its proposal to provide merging APRA-regulated superannuation funds with the option to roll over tax losses to the receiving enti...

Superannuation

The CSSA has proposed corporate superannuation members be switched to MySuper products on an opt-in rather than opt-out basis to ensure their insurance benefits are not c...

Financial planning

The Australian Institute of Superannuation Trustees has told the Treasury it wants the rules around the provision of intrafund advice with respect to MySuper products ali...

Financial planning

The Parliamentary Joint Committee investigating the Trio Capital collapse says it is more troubling than Storm Financial, and the FOFA changes are unlikely to stop a repe...

Financial planning

The Australian financial services system is in danger of being unable to comply with the new foreign tax compliance system proposed by the United States, according to the...

Editorial

If, as is being widely speculated, the Federal Government uses the Federal Budget to once again alter the tax setting around Australia’s superannuation system, the ALP wi...

Policy & Regulation

The Association of Financial Advisers tells its members it is time to move on with the new post-FOFA environment despite being wedged by the Govt and Industry Super Netwo...

Policy & Regulation

The Future of Financial Advice reforms may have passed through the House of Representatives but there is plenty of unknown detail causing concern to the major association...

Editorial

If auditors are, indeed, the eyes and ears of the regulators in the SMSF sector, Liz Westover writes that the new auditor registration regime will prove to be crucial as ...

Financial planning

The Federal Opposition has claimed answers provided by Treasury officials have confirmed government inaction is denying Australian fund managers the opportunity to access...

Financial planning

Scaled advice remains an area of considerable uncertainty despite the Future of Financial Advice bills having passed the House of Representatives....

Financial planning

The Mortgage and Finance Association of Australia has expressed concern that the Government's proposed amendments to limited recourse borrowing arrangements (LRBAs) creat...

Editorial

Recent suggestions that Kevin Rudd would offer Bill Shorten the Treasury portfolio in the event Rudd returned to the prime ministership is a reflection of the silliness t...

Superannuation

The Association of Superannuation Funds of Australia has warned the Government not to tinker with the superannuation tax settings....

Superannuation

David Court brings us up to date with the excess contributions tax and outlines some of the potential problems related to the Government's recent changes to the ECT....

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