treasury

There is cautious optimism within the industry that a proposed consumer ‘compensation’ fund levy has been dropped from newly announced legislation mandating financial pla...

Financial planning

Tips and traps of the transitional cap

For investors, advisers and super funds alike, the changes introduced into Parliament in December 2006 represented the biggest, and possibly the most positive shift in sa...

Financial planning

Green light for trading in forestry managed investment schemes

Australian forestry managed investment scheme providers have welcomed changes in this year’s Federal Budget that will allow investors to trade their interests....

Financial planning

Product rationalisation requires education

The Parliamentary Secretary to the Treasurer, Chris Pearce, has indicated that a significant degree of consumer education is needed before the large number of legacy prod...

Financial planning

Expect agribusiness transition as ATO admits tough timetable

The Australian Taxation Office has admitted it will be challenged to implement all of the proposed changes to agricultural managed investment schemes before June 30....

Financial planning

Philanthropy – a fad that’s here to stay

Abstract Long...

Financial planning

Industry funds want higher standards for planners

The organisation representing industry superannuation funds has used a submission to the Treasury to argue that financial planners should be made to comply with the same ...

Financial planning

IFSA supports Treasury proposal on SOA threshold

The Investment and Financial Services Association has broadly welcomed a proposal by the Parliamentary Secretary to the Federal Treasurer, Chris Pearce, to introduce a $1...

Financial planning

Industry responds to super reforms

The introduction of the Tax Law Amendments (Simplified Superannuation) Bill into Parliament has drawn mixed reactions from the financial services industry....