Articles by Darin Tyson-Chan

Compliance, financial advice

CSLR bills tabled in parliament

Compensation scheme last resort

The compensation scheme of last resort is closer to being established with the bills facilitating its existence tabled in parliament today.

read more
Superannuation

Trust in super already waning

confidence superannuation

Confidence in the retirement savings system has already been eroded by the proposal of a new super tax for member balances above $3 million.

read more
Documentation, Superannuation, Tax

Balance cap has bookkeeping impact

balance SMSF record keeping

SMSF record-keeping procedures should change to minimise the tax liability for members resulting from the proposed new $3 million balance cap.

read more
Superannuation, Tax

‘Earnings’ not assessable income

superannuation earnings

The concept of earnings pertaining to the proposed 30 per cent tax for superannuation balances over $3 million is different to assessable income.

read more
Pensions

New tax will also affect pensions

superannuation tax pensions

The appeal and characteristics of income streams may well be changed should the government’s new tax on super balances above $3 million be introduced.

read more
SMSF, Tax

SMSFs to feel tax cap the most

SMSF superannuation tax cap

While the new $3 million threshold will be applied to super funds across the board, it has been acknowledged it will have the greatest impact on SMSFs.

read more
Investments, Technology

OpenInvest offers Islamic investing solution

OpenInvest Islamic investment

A simple and more affordable investment avenue for Islamic Australians has been made available through OpenInvest’s latest partnership agreement.

read more
financial advice

AFA/FPA merger to proceed

AFA FPA merger approved

The merger between the FPA and AFA will go ahead after the required number of members from both industry bodies voted in favour of the move.

read more
SMSFA

New CEO prioritises association members

SMSF Association chief executive

Supporting SMSF Association members will be the number one priority of the industry body’s incoming chief executive, Peter Burgess.

read more
financial advice

QAR not done to keep people happy

QAR affordable advice

The Quality of Advice Review was about delivering more affordable advice and improving the ease by which consumers can get access to it.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.