AFA Welcomes TASA Reprieve

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The Association of Financial Advisers (AFA) notes the introduction of legislation relating to the Tax Agent Services Act (TASA) and welcomes greater certainty on the matter for advisers. “We are

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FPA welcomes fairer taxation of excess contributions in super

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Yesterday’s tabling of a Bill to provide for fairer taxation of excess contributions in super is a welcome measure designed to create greater equity for lower and middle income earning

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AFA: calls again to restrict use of the term "financial advisor" under legislation

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For better consumer protection, AFA again calls to enshrine the term “Financial adviser” In its 2009 submission to the Ripoll Inquiry, the Association of Financial Advisers (AFA) called for the

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Actuaries call for wider debate on solutions for coping with future floods

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The devastating damage to property caused by the Queensland floods, has prompted the Institute of Actuaries of Australia to call for a national solution to manage future floods and natural

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FPA welcomes TFN legislation

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The FPA welcomes Friday’s announcement introducing draft legislation to enable Tax File Numbers (TFN) to be used by super funds as the primary source to identify superannuation accounts and match

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SPAA responds to exposure draft on art and collectables

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SPAA supports move to amend the sole purpose test in the SIS Act to allow self managed super funds to invest in art, collectables and personal use assets. The Self

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SPAA urges caution on new borrowing rules

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The Self Managed Super Funds Professionals’ Association of Australia (SPAA) has today reminded SMSF advisers and trustees about the tough new measures which apply to limited recourse borrowing arrangements put

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Family Trusts, Private Companies and Centrelink – how do the Attribution Rules affect your Retiring Clients?

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This Article was updated on July 23, 2012 – To see the update click here . It is surprising how often I receive calls from advisers asking me to explain how

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Preventing insolvent trading: the focus of new ASIC report

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ASIC has today released a report that sets out the key messages and outcomes of its national insolvent trading program (NITP). The report, National Insolvent Trading Program Report (REP 213)

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ASIC begins nationwide surveillance activities under national consumer credit regime

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The Australian Securities and Investments Commission (ASIC) has begun its first nationwide surveillance activity to detect unregistered businesses and people under the National Consumer Credit Protection (Transitional and Consequential Provisions)

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