Study confirms Age Pension ‘a nightmare’ for older Australians

A joint study conducted by the National Seniors Australia (NSA) and Retirement Essentials has confirmed that applying for the Age Pension is a fraught experience for many older Australians. According to Retirement Essentials founder and CEO Paul Rogan, the report offers a unique insight into the challenges confronting prospective Age Pensioners who deal with Centrelink, […]

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Financial planners will join together to connect, cultivate and communicate at FPA Professionals Congress in Sydney

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The Financial Planning Association of Australia (FPA) is pleased to announce that registrations are now open for the 2018 FPA Professionals Congress, to be held in Sydney from 21-23 November 2018. The largest annual event of the financial planning calendar is being held at the International Convention Centre (ICC) in Sydney this year. Around 1,000 […]

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Productivity Commission report sends timely warning on fees and costs

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The Productivity Commission’s draft report into superannuation is a “timely reminder” to SMSF trustees to pay close attention to the fees and costs their SMSFs incur to ensure their funds are being run efficiently to optimise their retirement savings. In welcoming the draft report, titled “Superannuation: Assessing Efficiency and Competitiveness”, SMSF Association CEO John Maroney […]

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Concerns growing over misleading property advice: Industry body warns

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A leading industry body has warned consumers are becoming increasingly more vulnerable to potential conflicts of interest through real estate agencies that have “double agents” offering to act for both sellers and purchasers. According to Real Estate Buyers Agents Association (REBAA) president Rich Harvey there was growing concern within the industry that major selling agencies […]

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Amended LRBA integrity measures ‘get balance right’  

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The SMSF Association welcomes the sensible position taken in the Federal Government’s final legislation introducing integrity measures for limited recourse borrowing arrangements (LRBAs) that include the outstanding portion of an LRBA in a trustee’s total superannuation balance, says Association CEO John Maroney. This new measure, designed to stop people artificially lowering their Total Superannuation Balance […]

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Diversity and professionalism the big winners of AFA Rising Star Award

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ANZ is pleased to sponsor the Association of Financial Advisers (AFA) Rising Star Award for the 14th consecutive year. The award, which recognises emerging talent in financial advice, is now open to applicants who have practiced as a financial adviser for four years or less. The provision of quality advice, a commitment to education and […]

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Search begins for AFA Rising Star 2018

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The Association of Financial Advisers (AFA) and ANZ Wealth have begun the search for the 2018 Rising Star Award (the Award), which recognises emerging talent in the financial advice industry. Philip Kewin, AFA CEO, said the future of advice is in the hands of Rising Stars, many of whom are already making a big impact […]

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AFA and TAL call for Female Excellence in Advice nominations

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The Association of Financial Advisers  (AFA) and TAL are calling on females in financial advice to nominate themselves, or others, for the AFA Female Excellence in Advice Award (the Award). The Award, now in its eighth year, was established to encourage more females to enter the advice profession, in turn providing advice clients with more […]

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Budget 2018: A focus on minor adjustments, rather than sweeping reforms

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The Financial Planning Association of Australia (FPA) welcomed measures to simplify income tax and introduce greater flexibility into the superannuation system. FPA CEO Dante De Gori CFP said: “Offering relief from household budget pressures allows families to imagine a future in which their financial goals are met, and may even open the door to investment.” […]

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New Alliance wants fairer retirement outcomes for all Australians

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Several associations have formed the “Alliance for a Fairer Retirement System” to explore options to fix problems with the existing superannuation taxation, Age Pension means testing and broader retirement income systems. The formation of the Alliance is in response to Labor’s proposal to disallow refunds of excess franking credits for a range of retirees and […]

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