ASIC concedes levy estimates were ‘badly wrong’
Tony Zhang
The corporate regulator has taken responsibility for grossly underestimating the levy costs due to the advice sector in the 2020 year, but s
The corporate regulator has taken responsibility for grossly underestimating the levy costs due to the advice sector in the 2020 year, but s
The ATO has flagged requirements on how to manage the responses of the SMSF tax file number identity check service to assist the new SuperSt
The government has released the long-awaited draft legislation for the proposed changes to how SMSFs claim exempt current pension income (EC
The federal opposition has rallied the advice industry to push for a parliamentary inquiry into the failings of FASEA.
The corporate regulator has revealed details of how the industry responded to its most popular consultation to date, and what changes may be
The ATO has embarked on a new survey for SMSFs aiming to further gain a better understanding of the SMSF audience and market.
Senator Jane Hume has assured that the superannuation measures announced in the federal budget aren’t aimed to force retirees to draw down
ASIC commissioner Danielle Press has suggested a large number of the changes demanded by industry in the regulator’s affordable advice con
The regulator has commenced proceedings in the Federal Court against a collapsed SMSF services firm for allegedly paying illegal bonuses to
Changes made in the federal budget for legacy pensions will have a flow-on effect on the treatment of pension reserves, creating uncertain a
The new disciplinary function for financial advisers can be further refined to improve the model through the creation of a true professional
Heading into a post-COVID environment, several temporary social security measures have been amended and adjusted, creating different types o
A specialist team of ATO officers focused on providing lodgement support to tax practitioners has now been established after confusion reign
The formation of a new single advice disciplinary body is an important step in simplifying the financial advice sector, but there are concer
The use of “averages” in retirement planning is quite common, but it can be problematic for advisers when trying to plan for risk uncert
Super funds are looking at digital advice as a must-have as they scramble to retain older, wealthier members leaving for SMSFs, an industry
New changes to the Pension Loans Scheme can level the playing field for seniors, providing greater access for retirement mortgage solutions,
The foremost tech companies supporting professional services entities have been revealed at the first-ever Australian Digital Technology Awa
Traditionally, deeds were unable to be made electronically due to the common law requirement that a deed must be written on “paper, parchm
While proposed changes to the legacy pensions will create more simplified arrangements for SMSFs, there are still uncertain implications whe
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