SPAA gives thumbs up to changes to best interest duty

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The SMSF Professionals’ Association of Australia (SPAA) has thrown its weight behind the Federal Government’s decision to amend how best interest duty (BID) works as part of the FoFA reforms.... Read more continue reading

CommInsure is the AFA/PFL Life Insurance Company of the Year

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At a black-tie premier event held at the Westin Hotel in Sydney on Wednesday night, CommInsure was named the Association of Financial Advisers (AFA)/Plan for Life (PFL) 2013 Life Company... Read more continue reading

New penalty regime for trustees gets thumbs up from SPAA

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The SMSF Professionals’ Association of Australia (SPAA) welcomes the passage of legislation that implements an administrative penalty regime for SMSF trustees who breach the superannuation law. The penalties will apply... Read more continue reading

SME Association of Australia undergoes board restructure

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In late February, SME Association of Australia (SMEAA) Founder and Executive Chairman Matthew Johnson announced his intention to step down as Executive Chairman of the SMEAA due to growing business... Read more continue reading

Today marks Australia’s move to comprehensive credit reporting

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On 12 March 2014, reforms to Australia’s Privacy Act will see significant changes to the credit reporting system including the introduction of the Credit Reporting Privacy Code (CR Code) drafted by the Australian Retail... Read more continue reading

Government changes ‘strong argument’ to cut SMSF levy

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Recent Government measures that oversaw the clearing of a backlog of tax amendments should allow the SMSF levy to be reduced substantially in the May Budget, says Jordan George, Senior Manager,... Read more continue reading

Good year for Aussie Private Equity Market

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FY 14 deals already surpass entire FY13 The value of Australian based private equity deals this financial year has already surpassed the total value of deals completed in FY 2013.... Read more continue reading

Retirement – it’s not just about the money

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Many Australians may have unrealistic expectations of retirement, according to financial adviser and the Association of Financial Advisers (AFA)’s 2012 Female Excellence in Advice Award winner, Christine Hornery. “The word... Read more continue reading

SPAA announces new chair, deputy chair

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The SMSF Professionals’ Association of Australia (SPAA) has appointed a new chair and deputy chair. Peter Crump steps up from deputy chair, a position he has held since 2012, to... Read more continue reading

FPA leads with pragmatic, positive FoFA recommendations to Treasury

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The Financial Planning Association (FPA) has submitted its recommendations to Treasury outlining positive measures to ensure that the Future of Financial Advice (FoFA) legislation is drafted in the best interests... Read more continue reading