News : financial advice

financial advice, Financial Planning, Strategy, Tax

Some clients require Div 296 urgency

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, Division 296, risk, Peter Bobbin, Institute of Financial Professionals Australia, Auditors Institute

While the Division 296 tax is yet to be passed into law advisers may need to have some clients act now to manage the liability of the impost.

read more
financial advice, Financial Planning, Retirement, SMSF, Strategy

Intent key to recontribution strategy

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, recontribution strategy, tax avoidance, Institute of Financial Professionals Australia, IFPA, Stuart Sheary, Part IVA, tax benefit

A withdrawal and recontribution strategy will be judged on the intent of the action as to whether the Part IVA provisions of the tax act apply to it.

read more
ASIC, Compliance, financial advice, Financial Planning

Advisers with Shield links banned

ASIC, banned, Matthew Simon Bradley, Isaac Jacob McQueen, Shield Master Trust, MWL Financial Services Pty Ltd, Keystone Group, Financial Services Group Australia, Graham Holmes

ASIC has banned two more practitioners who provided advice encouraging superannuants to invest in the Shield Master Trust.

read more
financial advice, Financial Planning

Capacity limited but revenue climbs

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, Investment Trends, SMSF advisers, advice capacity, revenue, clients served, Yiğit Günhan, SMSF specialists, practice revenue, financial advice

Advisers are indicating they have limited capacity to take on new SMSF clients but also admitted this cohort is a key source of revenue for them.

read more
financial advice, Financial Planning

Minor CSLR reduction disappointing

CSLR, levy estimate, Compensation Scheme of Last Resort, SMSF Association, Financial Advice Association Australia, $20 million cap, Peter Burgess, funding model, review, Sarah Abood, Shield, First Guardian

The minor reduction in costs borne by advisers under the Compensation Scheme of Last Resort will not help the advice sector, which is waiting for changes to the funding model.

read more
ASIC, financial advice, SMSFA, Superannuation

SMSFA backs ASIC super warning

The SMSF Association has supported ASIC’s warning for people to be on high alert for cold callers encouraging them to switch their super.

read more
ASIC, financial advice, Financial Planning

ASIC levy to fall by over $500

The ASIC adviser levy is estimated to decrease by more than $500 as the regulator reduces the costs it will recover from the sector.

read more
ASIC, financial advice

First Guardian sanctions continue

ASIC, Australian Securities and Investments Commission, David Anderson, Simon Selimaj, Falcon Capital Limited, First Guardian Master Trust, Federal Court, travel ban, asset frozen

The directors of Falcon Capital, David Anderson and Simon Selimaj, have been issued travel restraint orders effective until 27 February 2026.

read more
Estate Planning, financial advice

New digital estate planning service launches

fintech, Yodal, tele-estate planning, concierge service, financial advice, estate plan, digital estate planning, Steve Judd, Ian Tindale

Fintech Yodal’s new tele-estate planning concierge will help advisers deliver estate planning services at scale.

read more
Education, financial advice

Intensive study offered for lagging advisers

Kaplan Professional, financial adviser, education requirements, experience pathway, Brian Knight, deadline

A financial services education provider has created an intensive study program for financial advisers to help them meet the 31 December 2025 deadline.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.