POWERED BY MOMENTUM MEDIA
TAXATION
Financial planning
The Government's Budget initiatives around the Johnson Report and tax cuts are welcomed by the financial services industry, but with some reservations....
Policy & Regulation
Reform of the tax system for managed investment trusts (MITs) announced on Friday will simplify the administration of managed funds, according to Federal Assistant Treasu...
Tools & guides
Holding large value illiquid assets in a SMSF could prove problematic when a trust member dies. Deborah Wixted explains the obligations and options trustees and their fin...
Financial planning
While the Federal Government's response to the Henry Review of Taxation has drawn a mixed reaction from the financial services industry, one thing stakeholders mostly agr...
Financial planning
Queensland man subject to charges after raising nearly $8 million from investors without holding an AFSL, and generating no documentation or returns....
Superannuation
Paul Sarkis explains the implications that a recent tax ruling will have for clients who want to claim personal super contributions as a tax deduction....
Financial planning
The Government has used its response to the Henry Review of taxation to wind back some of the super contributions cap measures announced in the last Budget....
Financial planning
The financial services industry has given the Federal Government’s response to the Henry Review of Taxation a mixed welcome, with most welcoming the proposed changes to s...
Financial planning
The findings of a new Deloitte survey run counter to the recommendations expected in the Henry Review....
Superannuation
Investments in collectables and personal-use assets will be banned, stricter rules around in-house assets will be introduced and there will be firmer regulation of SMSFs ...
Policy & Regulation
The Board of Taxation will undertake a review of Australia’s tax laws to ensure that they do not inhibit the expansion of Islamic finance, banking and insurance products....
Accounting
Accountants may seek compensation from the ATO as a result of damage to their reputation and bottom lines following problems flowing from the ATO's switch to a new IT sys...
Financial planning
Mary Ferizis outlines the key legislative changes regarding margin lending, and the impact the changes will have on financial advice....
Financial planning
The Australian Taxation Office is requisitioning bank records to enable data matching as part of a crackdown on tax havens....
Financial planning
The ATO's crackdown on the cash economy has succeeded in extracting an extra $127 million and identifying businesses under stress....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...