John Maroney

Financial planning

SMSF Association proposes advice pathway alternative

The SMSF Association said recent bipartisan support for a 10-year adviser experience pathway did not meet the “original policy intent of enhancing professional standards”...

Superannuation

Retirees need to be careful relying on franking credits

Dividend income, with the help of franking credits, may not continue to be a reliable method of income for retirees, according to a panel....

Financial planning

Adviser ASIC registration should be own responsibility

Licensees should not be responsible for individual financial adviser registrations to the corporate regulator as it makes clear these are a statutory obligation and not a...

Features

Will SMSF advice be a test-bed for limited advice changes?

Mike Taylor writes that the popularity of self-managed superannuation funds and the failure of the so-called limited licensing regime may make SMSFs the test-bed for prop...

Superannuation

TBCs and TSBs need attention to reduce super complexity

The transfer balance cap indexation, the total super balance thresholds, and access to information for advisers need to be addressed to simplify the retirement income sys...

Financial planning

Stop prioritising compliance over client needs says SMSF Association

The current regulatory regime around financial planning is driving up costs by prioritising compliance and the needs of licensees over those of consumers, according to th...

Financial planning

FASEA not the final battle

Although the removal of the Financial Adviser Standards and Ethics Authority is a huge victory for many in the industry who spent the last few years fighting for reform, ...

SMSF

Retail and SMSFs short-changed again from capital raisings

Large Australian Securities Exchange listed companies should structure their capital raising offers to maximise access for all investors to a proportionate offer and set ...

SMSF

SMSFs attractive not only due to costs

Individuals who have decided to set up their own self-managed super funds are motivated by far more than costs or investment returns, with a desire for control over their...

Superannuation

Report to provide insights on actual cost of SMSF

A Rice Warner report, to be launched later this month, will look at when self-managed superannuation funds are most cost-effective....

Superannuation

SMSF member increase due to pass

After recommendation from the Senate Economics Legislation Committee, legislation to increase the maximum number of SMSF members from four to six is expected to pass thro...

SMSF

Specialist SMSF advice recognised by FASEA

In the latest FASEA draft guidance, the importance of specialist advice for self-managed superannuation funds has been recognised, according to the SMSF Association....

Superannuation

SMSF Association defends increasing size of SMSFs

Faced by the misgivings of at least one major accounting group, the SMSF Association has sought to reinforce the benefits of increasing the size of self-managed superannu...