FSC says governments should be consolidating superannuation not taking it

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Financial Services Council CEO, John Brogden said today the government’s announcement today to increase the threshold for inactive superannuation accounts from $2,000 to $4,000 then to $6,000 is unfair. “We

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Coalition’s financial services policies will deliver certainty and stability to the financial services industry

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The Coalition’s financial services policies will deliver certainty and stability to Australian retirees that their superannuation will not be tinkered with, Greg Cooper, chairman of the Financial Services council and

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SPAA welcomes commitment to leave super alone for 5 years

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The SMSF Professionals’ Association of Australia (SPAA) welcomes the announcement by the Treasurer Chris Bowen to commit to no major changes to superannuation tax policy for five years. SPAA chief

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Morningstar Australian Superannuation Survey – July 2013

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Morningstar today published results of the Morningstar® Australian Superannuation Survey, providing comprehensive coverage of the performance of Australian-offered retirement savings vehicles to 30 June 2013. The Survey includes both commercial for-profit

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Pension changes a positive for SMSF trustees

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Changes to how non-reversionary pensions are treated when a pensioner dies will have far-reaching tax implications for self managed super funds. SMSF Professionals’ Association of Australia (SPAA) Director, Technical and Professional

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Stronger Super is here

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On 1 July 2013, ASIC welcomed key Stronger Super reforms intended to make the Australian superannuation system stronger and more efficient, and to help maximise superannuant retirement income. ASIC has

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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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Workplace super the latest FoFA victim

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The Corporate Super Specialist Alliance (CSSA) is currently liaising with Treasury to find a regulatory solution that will ensure employers and their corporate super fund members can still access the

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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

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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

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