financial advice, Financial Planning, Superannuation

Super objective unlikely to affect advice

Objective of superannuation, Delivering Better, Financial Outcomes, Financial advice, BT, Bryan Ashenden

January 29, 2025

The high-level nature of the objective of super is unlikely to impact advisers or even be reflected in the second round of the Delivering Better Financial Outcomes changes.

Retirees overpaying taxes

Retirement, Super Members Council, SMC, Misha Schubert, tax, retirement, research

January 29, 2025

Lara Caughey

Many pensioners are not moving from accumulation to retirement phase with their superannuation, resulting in them paying higher taxation on their savings.

Retirement advice deductions possible

Tax deductions retirement Financial advice Colonial First State Craig Day

January 28, 2025

Jason Spits

Practitioners should make greater use of new tax deductions available to clients where their super and retirement advice relies on applying taxation guidance to specific circumstances.

CSLR flaws again highlighted

The FAAA has used its latest submission to the Senate Economics Committee to renew its criticism of how the CSLR has been implemented.

January 23, 2025

Darin Tyson-Chan

The FAAA has used its latest submission to the Senate Economics Committee to renew its criticism of how the CSLR has been implemented.

Recurrent NALE terminology clarified

The ATO has revised its definition of NALE that occurs in one income year but not the next as part of its new guidance on how it will administer the NALI regime.

January 22, 2025

Jason Spits

The ATO has revised its definition of NALE that occurs in one income year but not the next as part of its new guidance on how it will administer the NALI regime.