income tax

Financial planning

Inheriting a pre-1983 eligible service period

When a member of a super fund dies, benefits which they have accumu-lated in the fund may be paid out to their beneficiaries in the form of either a lump sum or as a pens...

Policy & Regulation

New tax measures to encourage philantropy

On March 26, the Prime Minister announced a package of new tax incen-tives for gifting. These incentives will appeal to philanthropically inclined financial planning cli...

Financial planning

Relief for restructured managed investment funds

The Managed Investments Act 1998, (MIA) made changes to the regula-tion of managed investment funds with the aim of ensuring greater ac-countability of fund managers to i...

Financial planning

Self-managed interest grows

Self managed super funds are continuing to go through boom times. With the lead up to June 30, an unprecedented number of self-managed super funds are being es-tablished....

Superannuation

Taking a self managed fund into retirement

The focus by senior executives on investment options has tended to centre on greater control over their superannuation affairs, long term retirement wealth creation and e...

Superannuation

The ins and outs of DIY super funds.

Rules regarding membership, compliance and administration of self-managed superannuation funds (SMFs) are well on the way to being clarified....

Financial planning

There is still a lot of life left in life

Amidst all the talk of mergers and acquisitions in the life insurance industry, it’s easy to lose sight of the strength and size of the industry in Australia. ...

Financial planning

Seven of the best for the new year

The commencement of every new year ushers in new legislative arrangements with the potential to impact financial planning advice. Stephen Manassah focuses on seven legisl...