ASFA urges the Government to extend the ATO's ability to use administrative penalties with respect to SMSFs....

Bill Shorten has fuelled criticisms of the Government from within the financial services sector by appearing to pre-empt the findings of the Productivity Commission....

The Government has outlined a range of changes to give APRA greater scope to take pre-emptive action....

Financial Services Council tells Productivity Commission the Government's preferred approach on default superannuation funds is based on incorrect information....

The ATO has reconfirmed that interest payments are not an essential feature of a loan, potentially opening the door for zero-interest related party loans to self-managed ...

Submissions to the Productivity Commission the reveal depth of the divide between government and industry on default funds....

Major superannuation funds argue that all the beneficiaries of SuperStream should pay for its implementation....

The Government has been taken to task over failure to deliver on details necessary to appropriately design MySuper products....

Treasury has outlined the details of its administrative penalties regime for trustees of SMSFs, which will apply from 1 July, 2013....

The Opposition says the Government is trying to short-circuit the Productivity Commission by establishing a formal position ahead of its findings....

The Government needs to release details on how grandfathering will apply to MySuper to allow super companies time to fit in with legislation, says CSSA President Douglas ...

Concerns have been raised about the ever-shrinking independent dealer group sector and the potential impacts on the advice provided to clients in the future....

Amid the ATO's confirmation that it will again be focusing on trusts, the Institute of Chartered Accountants has called for a simpler tax regime....

Financial Services Council chief executive John Brogden has lobbied Washington for an intergovernmental agreement to resolve the FATCA debate....