Articles by Darin Tyson-Chan

Appointments, Business News

AFA CEO concludes his term

AFA Kewin step down

Association of Financial Advisers (AFA) chief executive Philip Kewin has decided to step down from his position after four years at the helm of the industry body.

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Platforms

WealthO2 to aid SMSF client retention

Wealth02 SMSF client

Platform provider WealthO2 is developing functionality that should assist advisers to retain their SMSF clients.

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Strategy, Superannuation

Contributions cap breach not catastrophic

Contributions cap breach

A breach of the contributions caps is not a complete disaster as it does not even constitute contravening the superannuation legislation.

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ASIC

Court finds against Mayfair advertising

mayfair advertising

The Federal Court has ruled Mayfair 101 Group made false, misleading and deceptive statements in regard to the marketing campaign for its debenture products.

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Superannuation, Tax

Six members may net tax benefit

six-member SMSF tax benefit

A tax benefit may result from the pending legislation that will increase the maximum number of SMSF members from four to six.

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Technology

Heffron releases TBC calculator

heffron TBC calculator

Heffron has launched a calculator to help accountants and advisers monitor a client’s personal transfer balance cap in the lead-up to the application of indexation to this threshold.

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Superannuation

Late change to six-member bill

six-member bill amendment

The federal opposition has made an amendment to stalled bill enabling six-member SMSFs, adding a review period one year after it is enacted.

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Superannuation

Better return data imminent

SMSF performance data

More accurate SMSF performance benchmarking will be facilitated with the release of improved investment return data later this year.

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LRBA

Back-to-back loans a danger

Back-to-back loans LRBA

SMSF advisers and trustees have been warned about the complex nature of using back-to-back loans as an LRBA strategy.

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Pensions

Drastic ECPI rule change wanted

ECPI rules change

A large portion of practitioners have been found to favour a complete reworking of the exempt current pension income (ECPI) calculation rules.

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