GOVERNMENT

Financial planning

The Australian Democrats have indicated they will back a policy to ban commissions on compulsory superannuation guarantee (SG) contributions if it is shown financial advi...

Superannuation

The Federal Government is to create a ‘Future Fund’ to channel surplus revenue into and assist it in meeting its ongoing superannuation liabilities....

Superannuation

The calling of the October 9 Federal election has thrown the Government’s changes to self-managed superannuation into limbo as Parliament will not sit again before an Aus...

Financial planning

The Australian Democrats have moved quickly to outline elements of their superannuation policy ahead of next month’s Federal election by announcing a five point plan whic...

Financial planning

The Australian Taxation Office (ATO) has again been slammed in Parliament over its inflexibility and reluctance to grant concessions to investors in tax-effective investm...

Superannuation

Web Abstract long compulsory...

Accounting

Accountants have warmly welcomed the recommendation by the Parliamentary Joint Committee on Corporations and Financial Services (PJCCFS) to allow them to provide advice o...

Financial planning

The Federal Government has reassured the industry that its shake up of the Financial Transaction Reports Act 1988 (FTRA), to be drafted this week, will not send the funds...

Financial planning

The Federal Government has been accused of applying a “sledgehammer approach to regulation” after Opposition Minister for Retirement Incomes and Savings Senator Nick Sher...

Financial planning

Complying pensions within SMSFs have been given a year long reprieve after widespread industry and community protest. Jason Spits looks at how the change came about and w...

Financial planning

The Federal Government will extend its provision of financial assistance to victims of superannuation fraud or theft in light of a recent review of part of the Superannua...

Financial planning

Australian financial planners providing advice on transfering UK pensions have received a leg up from the Government after it changed tax laws allowing the transfer of pe...

Financial planning

The Australian Securities and Investments Commission is set to release the details of its ongoing work in the area of disclosure in light of last week’s commentary on its...

Financial planning

The Government seems to have secured a win with its superannuation co-contribution scheme, with a recent Investment and Financial Services Association poll revealing that...

Financial planning

Accountants have received support to provide advice on all non-self managed superannuation structures after a recommendation by the Parliamentary Joint Committee on Corpo...

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MARKET INSIGHTS

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