News

BDBNs, Death benefits, Platforms, Trusts

NowInfinity shares deed death benefit priorities

September 13, 2023

NowInfinity has provided more detail as to the significance of the changes made to its trust deed, including the priority of death benefits.

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ETFs, Investments

Global X unveils cybersecurity ETF

September 13, 2023

Todd Wills

Global X has expanded its suite of ETFs with the introduction of a new fund that specifically targets investments in the cybersecurity sector.

NowInfinity enhances trust deed

September 12, 2023

Darin Tyson-Chan

NowInfinity has collaborated with clients and industry experts to enhance the estate planning features contained in its trust deed.

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Superannuation

Objective’s force is in its terms

September 12, 2023

Jason Spits

The proposed objective of superannuation has no enforceable provisions, but its key terms could still be used by governments to push for changes in the system.

Parliament approves FHSSS changes

September 12, 2023

Todd Wills

Parliament has approved a bill introducing multiple changes to the First Home Super Saver Scheme.

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Aged Care, Superannuation

ASFA rejects aged-care ring-fencing

September 12, 2023

Darin Tyson-Chan

The notion of ring-fencing a segment of an individual’s retirement savings to fund aged care has not been supported by ASFA.

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Accounting, Education, Tax

Accurium expands education arm

Accurium education tax Anthony Cullen Lee-Ann Hayes

September 11, 2023

Jason Spits

Accurium has expanded its education offering, adding a tax trainer and former SuperConcepts staffer to support growth in its services to accountants.

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ATO, Auditing

ATO and auditors not aligned

September 11, 2023

Darin Tyson-Chan

The practices of some SMSF practitioners do not seem to be aligning with the ATO’s expectation of how the annual audit should be performed.

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Appointments, Platforms

SuperConcepts appoints tech services head

SuperConcepts general manager technical services Craig Stone

September 11, 2023

Todd Wills

SuperConcepts has named Craig Stone as the general manager of the technical services team following his arrival at the company in August.

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Compliance, Investments

Wholesale exemption may harm consumers

licensing exemptions foreign financial services providers wholesale investors

September 11, 2023

Jason Spits

An exemption to allow foreign financial services providers to pitch products at wholesale investors should only apply once that group of people has been better defined.

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