The ATO has reaffirmed its ruling that the anti-avoidance rule for income tax did not apply to a personal services business paying a related employee super in excess of m...

Predatory legal claims around TPD insurance should be rejected, with many jumping the gun and easily able to be defeated, according to a lawyer working in the insurance a...

A specialist financial services lawyer has questioned whether planners can be held negligent for not recommending SMSFs to super fund members with high account balances....

A change in attitude towards money and out-dated trust fund structures were acting as a lethal combination, leading to increased trust fund disputes....

Financial services lawyer, Peter Bobbin, warns that ASIC has neither the culture nor the expertise to handle a product intervention power....

Former clients of WealthSure authorised representative, Colin Oberg, have secured a Federal Court ruling ordering the firm to pay $865,000 in compensation....

While setting up with an individual trustee in an SMSF may be a cheaper option, it eventually creates a false economy, Holley Nethercote argues....

Financial advisers have been blamed alongside lawyers for pushing the multitude of claims which placed pressure on TPD products within superannuation funds....

Australian fund managers developing products for the SIV market would need to cater their products to suit their low appetite for risk in their investments....

A life/risk adviser has been banned for four years by ASIC who acted on information provided by his licensee, Risk Advice Specialists, which has ceased to trade....

Financial services laws need to catch up with technological developments like peer-to-peer lending to avoid expensive and cumbersome applications of the provisions, a law...