News : Regulation

Downsizer change addresses two issues

May 4, 2022

Two existing issue within the current superannuation framework have been addressed by the amendment to the downsizer contribution rules.

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Regulation

Review history must be used

April 27, 2022

Darin Tyson-Chan

An accounting body has asked for the learnings from previous industry assessments to be used in the Quality of Advice Review process.

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Regulation

Super earmarked for economic policy role

April 21, 2022

Darin Tyson-Chan

Superannuation will definitely play a more specific and significant role in the economic policy of the Labor Party should it win the federal election.

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Compliance, Regulation

Director ID must occur before appointment

April 7, 2022

Tia Thomas

Directors of a corporate SMSF must obtain their director identification number prior to being appointed, according to new rules introduced on Monday.

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Regulation, Superannuation

Super details open for separated couples

April 4, 2022

Tia Thomas

Information about superannuation assets held by a former partner will now be more accessible during family law proceedings following a law change taking effect from 1 April.

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Regulation

Call for minimum pension relief extension

March 22, 2022

Darin Tyson-Chan

A call has been made for the government to extend the lower minimum pension financial relief measure to include the 2023 financial year.

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Regulation, Superannuation

Calls for more super reform

March 21, 2022

Darin Tyson-Chan

More reform of the superannuation system has been recommended in federal budget submissions by a variety of industry stakeholders.

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Cryptocurrency, Regulation

Hume flags crypto trading controls

March 21, 2022

Jason Spits

The federal government has flagged the creation of licensing and custody arrangements for cryptocurrency trading exchanges as part of a new policy paper.

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Compliance, Regulation