TAXATION

Superannuation

Troy Smith discusses the tax implications of holding trauma cover, and receiving payouts for it, in super....

Financial planning

Those avoiding paying tax through offshore trust structures may be subject to penalties if they do not disclose these activities to the Australian Taxation Office....

image
Financial planning

Standard & Poor's (S&P's) Fund Services' finds that while few international fixed interest funds were able to face up to the challenging market conditions in late 2008, d...

image
Policy & Regulation

Draft legislation on the tax treatment of managed investment trusts disposals will ensure Australia's tax regime remains competitive in attracting foreign funds, accordin...

image
Policy & Regulation

The Australian Taxation Office (ATO) has warned that arrangements to artificially create upfront deductions for employment costs may break tax laws....

image
Financial planning

The new Shadow Minister for Consumer Affairs, Financial Services, Superannuation and Corporate Law is Luke Hartsuyker, who has replaced Chris Pearce....

Funds management

With disclosure and fee flexibility at the forefront of concerns, Quantum Warrants claims that their online property warrant offering for self-managed super funds, Quantu...

Editorial

The Parliamentary Joint Committee on Corporations and Financial Services (the Ripoll Inquiry) has delivered precisely what could be expected from a parliamentary inquiry ...

image
Editorial

The findings of the Ripoll Inquiry have been broadly welcomed by the financial planning industry, but as Mike Taylor reports, they will ultimately be diluted by the findi...

image
Financial planning

The number of people who will have exceeded their superannuation contributions cap in the 2009-10 financial year is likely to increase as the concessional contributions c...

Financial planning

The Tax Office is giving investors a chance to voluntarily declare all income from offshore activities, otherwise penalties can include up to 90 per cent of undeclared in...

Life/Risk

The Tax Office has issued an alert about life insurance bonds issued from tax havens to Australian residents that are aimed at circumventing tax payable under foreign inv...

Superannuation

The financial services industry has been called upon to step up to its social obligations when dealing with trustees of self-managed superannuation funds....

image
Policy & Regulation

Tax is second largest cost incurred by funds but is not given due regard by fund executives, according to consultant Gabriel Szondy....

image
Policy & Regulation

Research commissioned by ASFA sends a strong warning to the Federal Government not to dip further into the superannuation pool, while also pointing to a lack of confidenc...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

4 weeks 1 day ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

4 weeks 2 days ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

4 weeks 2 days ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks 1 day ago

A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

4 weeks 1 day ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 2 days ago