IPA flags dangers with piecemeal changes to franking credits
Miranda Brownlee
Labor should not proceed with any changes to refundable franking credits unless it is willing to consider more holistic changes to the tax t
News
Get to know the latest news and updates in the self-managed super fund (SMSF) sector with SMSF Adviser’s News category.
Get to know the latest news and updates in the self-managed super fund (SMSF) sector with SMSF Adviser’s News category.
Latest News
Government announces exception for opt-in insurance measure
The government has announced that members in certain occupations will be excluded from its proposal to make insurance an opt-in arrangement
SMSF receives favorable ruling in legal action against insurer
Former clients of a deregistered advice firm have received a ruling allowing them to admit certain evidence in order to pursue the insurer o
Adviser banned for stealing client super
ASIC has permanently banned a financial adviser from providing financial services and credit activities after he was convicted for stealing
SIS Act ‘due for overhaul’, says APRA
The Superannuation Industry (Supervision) Act is an accumulation of specific requirements added in a “piecemeal fashion over time” and c
ASIC calls for greater powers to deal with SMSF promoters
In response to some of the findings of the royal commission, ASIC has called for further powers and extensions to existing proposals, includ
‘Hit and miss’ access to TSB data continues to cause gripes
The SMSF industry continues to face hurdles with access to total superannuation balance information with some clients without MyGov accounts
Franking credit policy to dent retirement savings by 15 per cent
Data analysis based on a 20-year time frame indicates that Labor’s franking credit proposal could reduce retirement savings by 15 per cent
FASEA, licensing weeding out good accountants, warns mid-tier
The addition of the new FASEA standards on top of the licensing regime is seeing fewer accountants providing advice and has failed to weed o
Audit cases prompt fears with new NALI measures
Concerns about the new provisions for non-arm’s length income have intensified following the outcome of recent litigation cases, particula
Do you think the government should reinstate the accountants’ exemption for SMSF advice?
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In this month's issue:
- Time wrap
- The tech bull run
- From hobby to passion
- Golden Years
- An untimely reminder
- Why change is so difficult
- Key Strategies for equalising super