ASIC consults on relief for the ASX Managed Fund Service

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ASIC has released a consultation paper proposing relief for retail clients who apply for an interest in a registered simple managed investment scheme through the proposed ASX Managed Funds Service (AMFS).... Read more continue reading

AFA welcomes increase in superannuation caps

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The Association of Financial Advisers (AFA) welcomes the passing in the House of Representatives today of the Tax and Superannuation Laws Amendment (Increased Concessional Contributions Cap and Other Measures) Bill... Read more continue reading

Lifting of concessional caps to $35K gets thumbs up from SPAA

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The passage of the legislation to increase the concessional contribution cap to $35,000 has been applauded by the SMSF Professionals’ Association of Australia (SPAA). The House of Representatives has passed... Read more continue reading

SPAA backs level playing field for off market transfers

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The SMSF Professionals’ Association of Australia (SPAA) has welcomed the Government’s decision to abandon the proposed Off Market Related Party Transfer amendments that would have imposed inequitable and costly compliance... Read more continue reading

Drop in SMSF establishments in March quarter ‘no cause for worry’

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The drop in self-managed super fund (SMSF) establishments in the March 2013 quarter is no reason to question the ongoing health of this superannuation sector. SPAA Senior Manager, Technical &... Read more continue reading

FPA call for enshrinement is heard loud and clear – an historic day for Australians

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For over a decade, the Financial Planning Association (FPA) has been calling for enshrinement of the term ‘financial planner’ for the protection of consumers and last night, the bill was... Read more continue reading

AFA welcomes enshrining the terms ‘financial adviser’ and ‘financial planner’

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The Association of Financial Advisers (AFA) welcomes the passing in the House of Representatives yesterday of the Corporations Amendment (Simple Corporate Bonds and Other Measures) Bill 2013: Amendments relating to the... Read more continue reading

Back to Basics for the Unlisted Property Fund Sector

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The Property Funds Association of Australia (PFA) said yesterday that the unlisted property fund sector is responding to investor focus on simpler vehicle structures and the sector is looking more... Read more continue reading

AFA: The advice relationship – a matter of trust

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Australia’s leading advisers are trusted advisers. This is the central finding in The Trusted Adviser, a white paper released today by the Association of Financial Advisers (AFA) with the support... Read more continue reading

ASIC national online business names register – one year on

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The national business names register in Australia became a reality one year ago today. Eight separate state and territory business name registers have made way for a single online register... Read more continue reading