Articles by Tia Thomas

Financial Planning, Tax

Time running out to prove tax bona fides

TPB relevant provider

Practitioners who provide tax advice have until year end to register with the TPB for inclusion on the relevant provider register from the start of next year.

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Succession Planning

Replacement trustees will need director ID

director identification SMSF

Corporate SMSF trustees intending to use an enduring power of attorney in the future need to ensure that person also has a director identification number to take on the role.

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Appointments

SMSFA appoints BDO partner to board

SMSFA board

The SMSFA has appointed BDO partner Geoff Rooney as a new board member, with his experience set to help with the ongoing SMSF regulatory and legislative changes.

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Retirement

Pre-retirees uncertain about their future

retirement savings survey

A new global survey has revealed those under 45 years old are unsure if their retirement savings will provide them with a comfortable life.

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Technology

SuperConcepts updates Classic software

SuperConcepts software update

SMSF administration provider SuperConcepts has announced its last major SuperMate update for 2021.

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FASEA

FASEA exam pass rate drops to new low

FASEA exam pass rate

The pass rate for the last FASEA exam open to all advisers has fallen again, with just over half passing the November exam.

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Appointments

FPA names new chief executive

FPA chief executive appointed

The FPA has named the former head of a boutique advice group as its new chief executive succeeding Dante De Gori from January next year.

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Business News, Commercial Property

Thinktank closes largest securitisation issue

Thinktank commercial securitisation

The largest commercial mortgage-backed securitisation issue recorded in Australia, worth $750 million, has been closed off by specialist property finance provider Thinktank.

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ASIC

ASIC centralises adviser guidance

ASIC financial advice hub

ASIC has launched a Financial Advice Hub to centralise regulatory information after feedback suggested a more user-friendly approach was needed.

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Retirement

Pre-retirees feel better prepared for future

An Investment Trends report shows more Australians currently feel prepared for retirement than in 2020, but concern regarding super regulations has doubled.

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