Australian Government’s 2022-23 Budget delivers for many but reform still needed over long-term

From

The Federal Government’s 2022-23 Budget, delivered tonight by Treasurer Josh Frydenberg, outlines measures to guide Australia’s economy to continued prosperity but longer term public policy changes will eventually need to... Read more continue reading

ANZIIF selects Youth Opportunities as new charity partner for the 49th annual South Australian Charity Luncheon

From

The Australian and New Zealand Institute of Insurance and Finance is proud to announce Youth Opportunities as the new charity partner for the 49th annual South Australian Charity Luncheon. The... Read more continue reading

Extension of temporary cut in pension drawdown rates welcomed

From

The Federal Government’s decision to extend the temporary reduction in superannuation pension drawdown rates has been welcomed by the SMSF Association. Announced as part of a 2022-23 Federal Budget that saw... Read more continue reading

Move to reform NALI rules get thumbs up

From

The SMSF Association welcomes the announcement that the Federal Government will consult with industry on appropriate amendments to the non-arm’s length income (NALI) rules to ensure they operate as intended.... Read more continue reading

Overwhelming support flows in for The Principals’ Community

From

The newly formed Principals’ Community, headed up by Kon Costas, has received strong support from the self-licensed community with more than 92% of previous businesses signing new agreements this year.... Read more continue reading

SMSF Association welcomes Michelle Levy’s Review appointment  

From

The SMSF Association welcomes the appointment of Allens Partner Michelle Levy to lead a review of regulations overseeing the financial advice industry. “A specialist in superannuation, life insurance, distribution and financial services... Read more continue reading

FPA welcomes Quality of Advice Review

From

The Financial Planning Association of Australia (FPA) welcomes the release of the terms of reference for the Quality of Advice Review and the appointment of Ms Michelle Levy as the... Read more continue reading

AFCA consults on proposed funding model

From

The vast majority of financial firms would pay the same or less to the Australian Financial Complaints Authority under a proposed new user-pays funding model now the subject of consultation... Read more continue reading

FPA welcomes AFCA funding changes

From

The Financial Planning Association of Australia (FPA) has welcomed the announcement by the Australian Financial Complaints Authority (AFCA) about proposed changes to its funding model. The new model will significantly... Read more continue reading

SMSF Association opposes cap on super balances

From

The SMSF Association remains opposed to a cap on superannuation balances. SMSF Association CEO John Maroney says: “We do not and have never supported such a cap. “These balances are... Read more continue reading