COOPER REVIEW

Superannuation

The Cooper Review has been warned that a substantial gap exists between the audit standards required by ASIC and those allowed with respect to SMSFs....

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Financial planning

A further preliminary report from the Cooper Review regarding its new MySuper proposal argues that trailing commissions should become a thing of the past....

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Superannuation

The National Institute of Accountants has accused the ATO and major superannuation funds of contributing to negativity around SMSFs....

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Superannuation

ING argues that the regulations around SMSFs need to be tightened but not so much as to preclude entry to the sector....

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Editorial

Jo-Anne Bloch will leave the Financial Planning Association in the coming weeks, and her replacement must be non-partisan....

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Financial planning

Midwinter Financial Services has released new product replacement software in anticipation of a change from the current 'reasonable basis' test for advice to the implemen...

Financial planning

The outgoing chief executive of the Financial Planning Association, Jo-Anne Bloch, has criticised the three government reviews as a "hodgepodge" of issues and pointed to ...

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Financial planning

ASFA joins with IFSA in questioning the validity of APRA fund-level data....

Financial planning

The Australian Bankers' Association has warned of the consequences of too much focus being placed on superannuation in the provision of financial advice....

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Financial planning

ASFA has called for the Government and regulators to mandate data standards and provide a stable policy platform that will support investment in systems and processes....

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Financial planning

The Cooper Review's focus on making superannuation administration more efficient has won industry support....

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Superannuation

MLC has called for an extension of the powers of the Superannuation Complaints Tribunal to handle SMSFs, while supporting the continuation of planner remuneration for the...

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Financial planning

ING urges extension of CGT rollover relief to help get rid of legacy life issues....

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Superannuation

Tax Institute warns against imposing penalties on SMSFs that are so high they wipe out balances....

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Financial planning

The Federal Government is considering introducing changes to its superannuation contributions cap regime to eliminate perceived discrimination against women and some part...

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