taxation

Superannuation

Dominant trustees can create issues for SMSFs unless appropriate strategies are put in place....

Policy & Regulation

FOFA likely to drive accountants closer to financial planners

Restoring accountants' licensing exemption is a positive development that will drive accountants and financial planners closer together, according to Patron Financial Adv...

Financial planning

ASFA backs laws targeting phoenix company directors

ASFA has backed moves by the Government to make directors of 'phoenix' companies personally liable for any unpaid superannuation contributions....

Policy & Regulation

Financial planners blindsided by Govt changes to FOFA legislation

<b>Latest Edition:</b> The financial planning industry was recently caught off guard by last-minute Government changes to the FOFA legislation. The changes were reportedl...

Superannuation

New approach to transition to retirement strategies needed

Clients entering retirement need help to reassess their ongoing approach to superannuation rather than just a transition to retirement strategy, according to HLB Mann Jud...

Superannuation

Superannuation death benefit options for a surviving spouse

Jennifer Brookhouse outlines the options, issues and strategies to consider when paying a superannuation death benefit to a surviving spouse....

Superannuation

Going overseas and the use of Enduring Powers of Attorney

When a self-managed superannuation fund (SMSF) member or trustee travels overseas for an extended period, their SMSF could lose the tax concessions it enjoys. Nicholas Al...

Accounting

Resistance to restricted licensing for accountants

Small Independent Super Funds Association wants definitive framework for accountants providing advice....

Superannuation

Warning on ATO draft ruling implications

Lachlan Partners believes an ATO draft ruling may catch non-dependent death beneficiaries....

Superannuation

Property appeal for new breed of SMSF trustees

Borrowing to purchase within a self managed super fund (SMSF) will become an increasingly popular option for a 'new breed' of younger, higher balance SMSF trustees, accor...

Financial planning

Govt expands personal liability of directors

The Government has introduced legislation into Parliament that will strengthen the obligations of company directors and ensure superannuation payments are made to employe...

Funds management

Equities as yield; Aussie dollar the new safe haven

Investors concerned over share market volatility should look at equities in terms of yield as a tax-effective income stream, while the current global economic environment...

Policy & Regulation

FOFA could increase financial planning practice sales further

There has been unprecedented activity over the past 12 to 18 months in terms of financial planning practice sales, and it is possible the clarity provided by the latest F...

Policy & Regulation

FOFA could increase financial planning practice sales further

There has been unprecedented activity over the past 12 to 18 months in terms of financial planning practice sales, and it is possible the clarity provided by the latest F...

Funds management

Wealth Management Partners buys into Stantons

West Australian financial services group Wealth Management Partners has taken a stake in Perth-based accountancy and consultancy firm Stantons International Services, whi...