ASIC drags Westpac to courtBY KANIKA SOOD | MONDAY, 18 JUN 2018 12:04PMASIC has initiated civil penalty proceedings against Westpac in relation to a Perth financial planner whose poor advice has already seen the bank foot a $12 million bill to remediate clients. Related News |
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Government consults on discretionary trust tax
|The government is consulting on the minimum tax on discretionary trusts set to come into effect 1 July 2028.
SMSFA backs review of ATO's regulatory approach
|The SMSF Association (SMSFA) has welcomed the Australian National Audit Office's (ANAO) review of the Australian Taxation Office's regulation of self-managed super funds, describing it as a timely opportunity to assess whether the regulatory framework remains fit for purpose as the sector surpasses ...
ASFA makes suggestions for performance test overhaul
|The Association of Superannuation Funds of Australia (ASFA) has called for the federal governments annual superannuation performance test to be modernised, arguing the current framework is discouraging long-term investment assets such as housing, infrastructure and renewable energy.
AutralianSuper injects $500m in Indian infrastructure
|AustralianSuper will increase its commitment to India's National Investment and Infrastructure Fund (NIIF) with a further $500 million, taking the fund's overall holdings in India across all asset classes to $3.3 billion.
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Featured Profile
Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.
