News : financial advice

financial advice, Investments, SMSF, Superannuation

Div 296 tax will impact economy

Division 296 tax, Prime Minister, Anthony Albanese, Wilson Asset Management, WAM, investment, Geoff Wilson,

More unintended consequences have been identified should the proposed Division 296 tax policy become part of the superannuation system.

read more
financial advice, Financial Planning, Legislation, Tax

Div 296, CSLR priorities for Liberals

Opposition financial services spokesman Luke Howarth has stipulated a coalition government will scrap the Division 296 tax and change the CSLR..

Opposition financial services spokesman Luke Howarth has stipulated a coalition government will scrap the Division 296 tax and change the CSLR.

read more
ASIC, financial advice, Financial Planning, SMSF

Poor SMSF advice leads to $11m penalty

A licensee that provided cookie cutter advice about property investments via SMSFs has received a multi-million dollar fine.

read more
Accounting, financial advice, SMSF, Superannuation

Added endorsement for financial abuse move

Financial abuse, superannuation.,

The country’s two peak accounting bodies have applauded the government’s commitment to restrict any monetary gains of financial abuse perpetrators.

read more
Business News, financial advice, Legislation, SMSF, Superannuation

FAAA launches election hub

Financial Advice Association Australia, FAAA, Sarah Abood, Labor, Liberal, election

The FAAA has established an election hub for advisers to provide insight into how their local candidates stand on issues related to key financial advice reforms.

read more
financial advice, Investments

Managed accounts a time-saver

Managed accounts, Zenith Investment Partners, Steven Tang,

Advisers who use managed accounts have more time for client support and spend less of their work day on administration, but their selection is still driven by investment style and performance.

read more
financial advice, SMSF, Superannuation

TSB key to contribution decisions

total super balance, TSB, SuperGuardian, Tim Miller,

The size of someone’s total super balance will be the first factor in determining whether they can deploy a contribution strategy and may limit the options open to them.

read more
ASIC, financial advice, Financial Planning

Three licensees cop enforcement action

ASIC has taken punitive action against three Australian financial services licence holders for allowing unregistered authorised representatives to provide personal financial advice.

read more
financial advice, Legislation, SMSF, Superannuation

CSLR should be future govt priority

The FAAA has called for the next federal government to urgently fix the CSLR and move quickly to advance reforms that will reduce advice costs and open pathways to new advisers.

The FAAA has called for the next federal government to urgently fix the CSLR and move quickly to advance reforms that will reduce advice costs and open pathways to new advisers.

read more
ATO, financial advice, Legislation

UPE classification may now change

Insurance proceeds, institute of Financial Professionals Australia, IFPA, Natasha Panagis, ATO, income Tax Regulations,

The treatment of UPEs as loans from beneficiaries to unit trusts may no longer stand due to a recent full Federal Court decision.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.