Articles by Hrishikesh Joshi

FPA urges change of name for ‘general advice’

April 4, 2019

The FPA has called on the government to clearly define financial advice after a recent ASIC report revealed confusion around the types of advice on offer in the market.

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Pensions, Superannuation

SMSF Association welcomes budget inclusions

April 3, 2019

Hrishikesh Joshi

The budget items changing how exempt current pension income can be calculated and the easing of the work test requirement have been applauded by the SMSF Association.

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Superannuation

SuperStream start date pushed back to 2021

April 2, 2019

Jason Spits, Darin Tyson-Chan & Hrishikesh Joshi

SMSFs will have wait nearly 18 months more to access the SuperStream system, which will now be introduced in early 2021.

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Superannuation, Tax

Super fund mergers granted permanent tax relief

April 2, 2019

Jason Spits & Hrishikesh Joshi

Super funds looking to merge will be granted tax relief on a permanent basis from the next financial year.

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Superannuation

Contributions amendments get industry body support

April 2, 2019

Hrishikesh Joshi

The Financial Services Council (FSC) has strongly supported the changes to the contributions rules announced yesterday aimed at helping Australians nearing retirement boost their superannuation savings. Commenting on the development, FSC chief executive Sally Loane said: “The changes to extend access to the work test exemption, spouse contributions and bring-forward arrangements will provide workers nearing […]