Articles by Darin Tyson-Chan

Estate Planning, Financial Planning, Succession Planning

Intergenerational relationships needed

intergenerational advice relationships

Intergenerational client relationships, instead of a focus on mature age clients, is critical for the future success of advisory practices.

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Compliance, Regulation

AFCA review boundaries defined

AFCA review

The terms of reference for the review of the Australian Financial Complaints Authority have been defined with a focus on the effectiveness of the dispute resolution body.

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Superannuation

SMSFs to continue spousal appeal

SMSFs couples

SMSFs established by husbands and wives will continue their popularity into the future, according to a superannuation sector research firm.

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Superannuation

New cost data makes impact

SMSF cost data

The most recent study into SMSF costs is already having an effect on sector information provided by government agencies.

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Financial Planning

SMSF advice of high quality

SMSF advice high quality

The quality of SMSF advice being provided to consumers has been found to be of very high quality and the number of complaints are low, according to the Australian Financial Complaints Authority.

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Auditing

Independence evidence outlined

auditor independence evidence

The evidence accounting firms will need to have to prove no breach of the amended auditor independence standards has occurred has been specified.

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Superannuation

SMSF practitioners strong in 2020

SMSF practitioners 2020

The SMSF sector performed well in 2020 on all fronts, including during the heights of the COVID-19 crisis and state lockdowns.

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Documentation, Succession Planning

Care needed over LPR timing

LPR appointment timing

The length of time it takes to commence death benefit payments can impact the appointment of a legal personal representative.

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Technology

GBST facility includes SMSFs

GBST SMSF rollovers

Users of the GBST SuperStream Gateway can now process SMSF rollovers to public offer funds.

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Superannuation

Call for top-up measures

superannuation top-up measures

A major accounting body has called for the implementation of specific measures to replenish superannuation accessed early due to COVID-19.

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