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Showing 151 - 160 of 599 results for "Small business"

SMSFs interrupted in 2019: SuperConcepts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... Burgess said. He predicted that the government will remove the work test for certain demographics, highlighting small business owners as an example of a group that is sometimes disadvantaged by the work test. Burgess touched briefly on the ATO's investment ...

FSC calls for CSLR claims cap

ALLY SELBY  |  FRIDAY, 14 FEB 2020
The Financial Services Council (FSC) has called for the government to cap compensation claims over financial misconduct at "reasonable levels" so as not to create a "moral hazard". In a submission to the Treasury's Compensation Scheme of Last Resort ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
Superannuation industry professionals are going head to head over Australia's super guarantee system, yet all agree it's time for an upheaval. In a submission to the Treasury's Retirement Income Review Panel, the Actuaries Institute called for universal ...

De Ferrari unaware of legal action

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... clients. The Finance Sector Union is also investigating legal options for its members. In another blow, the Australian Small Business and Family Enterprise Ombudsman Kate Carnell called on small business financial advisers to reach out after news of ...

AMPFPA action progresses, associations merge

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2020
... very supportive of the FPA and AFA but we do believe a common voice is needed when speaking to government." The Small Business Ombudsman asked AMP to mediate with up to 250 advice practices ahead of Christmas. At the end of January it again urged the ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... the top 10% of all reading in the 46-year history of the survey". Good or bad, a University of Michigan survey of small business owners found that the "cautious optimism" under Obama turned into full-blown optimism under Trump.

Calls for review of advice regulation

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
... funded review into the regulatory frameworks overseeing financial advice, which it believes alienate consumers and small business from the sector. In its pre-budget submission the peak body for certified practicing accountants, CPA Australia has called ...

Pro-bono advice program for bushfire affected launches

ELIZABETH MCARTHUR  |  THURSDAY, 6 FEB 2020
... a very emotional time. "Financial advisers are in a unique position to lend their support to these families and small business owners alike. Particularly during the stressful process of filing insurance claims, having to navigate digital self-service ...

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... were deemed to be systemic and cultural failures at a corporate level has impacted individual advisers - often small business owners. "The small number of individual adviser failures seems to have translated into a reputational and administrative challenge ...

AMP urged to mediate with advisers

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has urged AMP to formally commit to mediation as it moves to exit up to 250 financial planning businesses. Carnell said over 80 AMP advisers have visited her offices in the ...