FEDERAL GOVERNMENT

Financial planning

Genworth has partnered with Lifeline in its Stress Down Day initiatives to tackle the negative effects of financial hardship and mortgage stress on families....

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Financial planning

The Government's legislative arrangements on default funds appear to not entirely reflect the preferred position of Productivity Commission....

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Financial planning

The Coalition has indicated it has already drafted changes to FOFA legislation that it will implement if it wins office....

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Editorial

Mike Taylor writes that the Productivity Commission’s final report on default funds under modern awards delivered a formula which is unlikely to survive a change of Gover...

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Policy & Regulation

Commissioner of Taxation Michael D'Ascenzo is stepping down from his role at the end of 2012 after a seven-year term, according to a Government statement....

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Superannuation

The Association of Superannuation Funds of Australia (ASFA) has applauded the Federal Government's lack of tax tinkering in its Mid-Year Economic and Fiscal Outlook (MYEF...

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Financial planning

The Federal Government has received a mixed response to the financial services and superannuation initiatives evolving out of its Mid-Year Economic and Fiscal Outlook (MY...

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Superannuation

The Government has opted for only limited impacts on superannuation in its MYEFO approach, but has increased the SMSF levy....

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Financial planning

The Federal Government has backed the success of its small business clearing house as it passed half a billion dollars in superannuation payments....

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Superannuation

The rules around the release of the Productivity Commission report into default funds under modern awards means the Government is under no obligation to rush its release....

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Superannuation

Govt warned its MySuper legislation may actually represent interference in valid investment decisions made by super fund members....

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Superannuation

SISFA has warned the Federal Government that the country's almost one million SMSF trustees will use their collective voting power to object to further regulatory burden....

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Superannuation

Government promotion pushes benefits of Household Assistance Package to self-funded retirees....

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Superannuation

AMP has so far returned $4.8 million in lost super to its customers amid repeated calls for members to consolidate their superannuation....

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Superannuation

Sunsuper appears to have filled a gap left by the Federal Government's small business super contributions clearing house with an online employer portal that has attracted...

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

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