News

Education

FASEA releases exam guidance

The Financial Adviser Standards and Ethics Authority (FASEA) has released proposed guidance on the financial adviser examination, welcoming industry feedback on any aspects of the proposals.

read more
Estate Planning

Being prepared for loss of mental capacity vital

Neglecting to plan ahead to ensure SMSFs can continue if trustees lose their mental capacity can result in catastrophic financial consequences, a lawyer has warned.

read more
Accounting, Appointments

Bowler takes on GM role to plug gaps

Licensing for Accountants founder Kath Bowler has taken on an additional role of general manager for the training and compliance arm of a legal firm, with plans to leverage off the business’s synergies, as well as fill product gaps.

read more
ASIC, Auditing, Compliance

ASIC report at odds with three-year audit cycle

The corporate regulator’s findings into SMSF advice, which revealed in 91 per cent of files reviewed advisers were non-compliant, cast further doubt over the validity of the federal government ‘s proposal for a three-year SMSF audit cycle, according to a financial services executive.

read more
Appointments

SMSFA appoints specialist adviser to board

The SMSF Association has appointed SMSF specialist adviser and Verante Financial Planning financial planner Liam Shorte to its board, replacing Andrew Gale.

read more
Estate Planning, Financial Planning, Superannuation

Super reforms effect begins to show

The latest research into the SMSF sector has shown the super reforms handed down in the 2016 federal budget are beginning to have a significant impact on trustees’ financial advice priorities.

read more
Infrastructure, Investments

Infrastructure opportunities in megatrends

A number of global trends are driving significant new infrastructure investment opportunities for investors, comprising both familiar and new themes, according to AMP Capital.

read more
Education

SMSF specialisation should follow base education

The financial advice industry has thus far been indifferent towards specialisations such as SMSF accreditation, but there is an opportunity for reform in light of the proposed new education standards.

read more
Accounting, Compliance

Accounting body calls for exemption reversal

Tax & Super Australia is gravely concerned about the mounting negative effects of the Australian financial services licensing regime on accountants and wants the exemption to be reinstated.

read more
ATO

Actuary clarifies ECPI certificate requirement

SMSFs will not need more than one actuarial certificate to claim exempt current pension income (ECPI) when they switch between using the segregated and unsegregated asset method at different times during a financial year, actuarial certificate provider Accurium has said.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.