News : Regulation

Compliance, Investments, Legislation, Regulation

Netwealth acts on First Guardian losses

Netwealth has agreed to compensate individuals who lost money as a result of using its platform to invest in the First Guardian Master Fund.

Netwealth has agreed to compensate individuals who lost money as a result of using its platform to invest in the First Guardian Master Fund.

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ATO, Compliance, In-house assets, Legislation, Regulation

Ignoring in-house asset breaches unwise

Trustees dealing with a breach of the in-house asset rules should not believe inaction provides a satisfactory solution to the problem.

Trustees dealing with a breach of the in-house asset rules should not believe inaction provides a satisfactory solution to the problem.

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Legislation, Regulation, Superannuation

IFPA applauds CSLR decision on SMSFs

IFPA is pleased SMSFs will be excluded from the 2025/26 CSLR special levy, but is concerned this approach will not be applied in subsequent years.

IFPA is pleased SMSFs will be excluded from the 2025/26 CSLR special levy, but is concerned this approach will not be applied in subsequent years.

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Compliance, Legislation, Regulation, Strategy

EPOA best set up before travel

SMSF trustees opting to use an EPOA to satisfy the central management and control test when overseas should do so prior to leaving Australia.

SMSF trustees opting to use an EPOA to satisfy the central management and control test when overseas should do so prior to leaving Australia.

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Compliance, financial advice, Financial Planning, Legislation, Regulation, Superannuation

CSLR levy threat to adviser numbers

The FAAA is worried the growing special levy impost on financial advisers could see more practitioners exit an already shrinking sector.

The FAAA is worried the growing special levy impost on financial advisers could see more practitioners exit an already shrinking sector.

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Compliance, Pensions, Regulation

Multiple pensions can save payment error

SMSF members can use multiple pensions to avoid breaching payment rules, but must have clear documentation to support this strategy.

SMSF members can use multiple pensions to avoid breaching payment rules, but must have clear documentation to support this strategy.

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Auditing, Education, Regulation, SMSF

New practitioner guidance on offer

SMSF practitioners will be able to access practical and timely guidance on key issues as part of a new offer from a consultancy firm.

SMSF practitioners will be able to access practical and timely guidance on key issues as part of a new offer from a consultancy firm.

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Compliance, Regulation

ACTU calls out regulators

The ACTU has stated financial services regulators should have done a better job in the wake of two significant product collapses.

The ACTU has stated financial services regulators should have done a better job in the wake of two significant product collapses.

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financial advice, Financial Planning, Regulation

CPA Australia slams CSLR levy hike

CPA Australia has communicated its concerns over the notable increase in the 2026/27 CSLR levy and what it means for the financial advice sector.

CPA Australia has communicated its concerns over the notable increase in the 2026/27 CSLR levy and what it means for the financial advice sector.

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Compliance, financial advice, Financial Planning, Legislation, Management, Regulation

SMSF Association demands CSLR overhaul

The SMSF Association has said the Compensation Scheme of Last Resort needs an immediate overhaul as the current system is unsustainable.

The SMSF Association has recommended an immediate overhaul to the Compensation Scheme of Last Resort as the current system is unsustainable.

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