News : Financial Planning

Accounting, Financial Planning, Superannuation

Drop exam, licence for limited super advice

accountants limited superannuation advice

More people could receive assistance if accountants were not subject to licensing or adviser exams in order to provide limited super advice, an industry body has said.

read more
Financial Planning

Scaled advice review can change model

scaled advice

The review of scaled advice will create an opening to change the current advice model, which forces people into offerings they don’t want or need.

read more
Financial Planning

New adviser body imminent

SMSF industry body

SMSF practitioners providing specialised advice covering three specific issues will soon have a new industry body to represent and support them.

read more
Accounting, Financial Planning, Regulation

Licensing reform should span all SMSF advice

licensing reform SMSF advice

Any potential changes made in an effort to reform the licensing framework should apply to everyone in the SMSF advice space, not just accountants, an accountant licensing expert says.

read more
Financial Planning, Superannuation

Research won’t lift SMSF recommendations

cost research SMSF recommendations

Advisers will not be able to automatically recommend an SMSF for a client with a superannuation balance of $500,000 or above based on new research indicating these types of funds would be the most cost-effective for them, a strategy specialist has said.

read more
Financial Planning, Regulation, Tax

Review calls for TPB rego on opt-out basis

TPB registration advisers

Financial advisers will automatically fall under the oversight of the TPB unless they opt-out under a recommendation put forward by Treasury.

read more
Accounting, Financial Planning, Superannuation, Tax

Advice use could inject $600b into economy

advice economic boost

Widespread use of professional financial, superannuation, tax and accounting advice could provide billions in economic benefits to the nation, according to new research.

read more
ASIC, Financial Planning

Protocol will enable five-year work check

adviser work check

A draft reference-checking protocol includes the ability for licensees to check five years of an adviser’s work and audit history before deciding to employ them.

read more
ASIC, Financial Planning

ASIC begins limited advice consultation

ASIC limited advice consultation

ASIC has commenced consultation on the provision of affordable and limited financial advice.

read more
ASIC, Financial Planning

SMSFA welcomes ASIC limited advice review

SMSF Association limited advice

The SMSF Association has welcomed the release of ASIC’s consultation paper on the provision of affordable and limited financial advice.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.