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ASIC told to extend relief around superannuation calculators

ASIC told to extend relief around superannuation calculators

While the two major accounting bodies have generally expressed support for proposed updates made by ASIC regarding super ... READ MORE

Reclassifying wholesale investors to inflict ‘significant’ disrupt ...

Reclassifying clients who were previously defined as wholesale could inflict significant additional disruption and costs ... READ MORE

Regulator promises ‘firm supervisory action’ on underperforming fu ...

APRA said it is focused on improving member outcomes in super funds and eradicating underperformance. ... READ MORE
ATO

SMSFs reminded on administrative changes for unallocated reserves mana ...

SMSFs dealing with unallocated reserves will need to take into account new administrative steps when managing the alloca ... READ MORE

‘Great potential’ for advisers with incoming retirement income cov ...

The incoming legislation will be a boost for the advice industry, according to a Challenger Life head. ... READ MORE
‘The Vibe’, stamp duty and SMSFs – a reminder that details matter

‘The Vibe’, stamp duty and SMSFs – a reminder that details matte ...

The AAT has affirmed a decision to impose stamp duty on a property involving an SMSF, which provides important lessons o ... READ MORE

FSC continues to raise CSLR concerns

The Compensation Scheme of Last Resort (CSLR) Bill has been referred to the Senate economics legislation committee for i ... READ MORE

‘The pendulum has swung too far’: Why advice industry should be � ...

The view of overregulation of the advice industry in recent times could work in the sector’s favour come election time ... READ MORE
Making SoAs shorter ‘not enough’ to make advice easier for clients

Making SoAs shorter ‘not enough’ to make advice easier for clients

An “unhealthy obsession” with making statements of advice (SoA) shorter will not solve the issue of advice affordabi ... READ MORE

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