More than 80 per cent of industry superannuation funds expect to have some sort retirement solution product in place within the next three years – and half of those expec...
The Australian Securities and Investments Commission (ASIC) is facing pressure to report on its use of an extensive set of data collected from the financial services indu...
Following a number of complaints about delays resulting from its administrative changes, the Australian Taxation Office says it is “still smoothing out some operati...
SISFA has expressed concern that SMSFs that are late lodging tax returns for the 2009-10 financial year may be unfairly punished by the ATO....
With the Federal Election campaign now approaching the halfway mark, Mike Taylor notes that there has been precious little discussion about financial services, the Future...
Project Wickenby has raised more that $850 million in tax liabilities and charged 57 people since its inception five years ago....
The ATO believes its Project Wickenby crackdown has succeeded in changing attitudes to tax havens....
ASFA wants superannuation guarantee changes aimed at ensuring some of the nation's most vulnerable workers are not missing out on superannuation entitlements....
The Australian Taxation Office has seen more than 360 convictions for tax and superannuation offences in the second quarter of this year....
The ATO has provided special assistance to Cairns businesses in the wake of the Storm Financial collapse....
The Australian Taxation Office was required to give assistance to the Far North Queensland city of Cairns this year following a number of financial crises hitting the reg...
Small business director James O'Rourke has been sentenced to two and a half years in jail by the NSW District Court for using a scheme to avoid paying tax on his overseas...
The question of whether the purchase of trauma insurance within superannuation is a breach of the sole purpose test has been resolved. Jennifer Brookhouse examines the im...
The ATO tightens the screws on SMSF trustees and illegal early release schemes....
When it comes to income protection insurance, receiving the payment as a lump sum or as a monthly benefit can make a big difference to clients, writes Jeff Scott....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...