Articles by Jason Spits

Regulation, SMSF, Tax

Changes to super will not end

superannuation changes

The size of assets held within superannuation means governments are likely to make ongoing changes such as the proposed $3 million tax.

read more
Education, financial advice

Adviser exam pass rate static

adviser exam pass rate

The number of advisers passing the most recent mandatory exam overseen by ASIC has remained on par with the previous sitting, with around two-thirds being successful.

read more
ETFs

VanEck reduces ETF fees

VanEck ETF fees

VanEck has reduced the management fees on two of its popular ETFs by more than half after seeing increasing demand for them.

read more
ATO, Compliance, NALI/NALE

NALI statutory income guidance pending

NALI statutory income

The ATO is believed to be developing guidance for release this month on the calculation of statutory income that will be viewed as NALI.

read more
financial advice, Regulation

QAR accountants exclusion highlighted again

QAR accountants

The Quality of Advice Review recommendations and the government’s acceptance of them have overlooked the role accountants have in providing financial advice.

read more
Contributions

SG rise may fill contribution cap

SG contribution cap

The increase in the superannuation guarantee rate may fill the concessional contribution cap for high-income earners, restricting further contributions.

read more
Compliance, financial advice, Regulation

Jones accepts majority of QAR proposals

QAR recommendations

The government will accept many of the recommendations of the Quality of Advice Review, but has reserved its position on how some of them will be enacted.

read more
financial advice

Govt praised for QAR stance

QAR response

The financial advice sector has welcomed the government’s announcement it would adopt Quality of Advice Review recommendations that cut red tape in the advice process.

read more
Administration

AMP to sell SuperConcepts

AMP SuperConcepts

AMP has agreed to sell SuperConcepts to a private management group headed by a former CountPlus executive in a cash deal valued at $8 million.

read more
ASIC, Property, SMSF

Unlicensed SMSF property scheme wound up

unlicensed SMSF scheme

The Federal Court has ordered an unlicensed SMSF investment scheme to be wound up and a lifetime ban from managing corporations for one of its directors.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.