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Showing 171 - 180 of 287 results for "Tax concessions"

Australia's unit trust dictum is killing the funds industry

ALEX DUNNIN  |  FRIDAY, 8 AUG 2014
... activity, said Ken Woo, asset management industry leader at PwC. To achieve this, Australia doesn't need to offer tax concessions and subsidies but clarity about its tax position, said Nikki Bentley, partner at Henry Davis York lawyers. Australia is ...

FSC bids to lead retirement income debate

MARK SMITH  |  THURSDAY, 7 AUG 2014
... superannuation system with government policy on ageing, welfare, health and tax. It will consider the efficiency of tax concessions at the contribution, earnings and drawdown phases, whether tax concessions cease at a certain accumulation point, lump ...

FSI questions viability of franking credits

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... demonstrating that almost 40% of super tax exemptions went to the top income decile. "To credibly promise superannuation tax concessions in retirement and an adequate Age Pension for those who will need it in the future, a strong Government balance sheet ...

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
... re-introducing a general prohibition on direct leverage. On the stability of policy, the report questioned whether current tax concessions for superannuants with very high balances were justified. The interim report includes the FSI's views on the objectives ...

ASFA calls for lifetime contribution caps

MARK SMITH  |  THURSDAY, 3 JUL 2014
... those with balances over $2.5 million. The recommendation is published in a report which analyses the impact of tax concessions resulting from superannuation on different income segment. According to the report, two thirds (65%) of the tax concessions ...

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
... as wealth accumulation vehicles containing multimillion dollar account balances absorb a significant share of tax concessions and this has distracted the policy discussion around equity in the superannuation system. "This is not why we built the superannuation ...

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
... as wealth accumulation vehicles containing multimillion dollar account balances absorb a significant share of tax concessions and this has distracted the policy discussion around equity in the superannuation system. "This is not why we built the superannuation ...

Super advocates urge caution on age access

AAP  |  TUESDAY, 20 MAY 2014
... manager of research and advocacy at the Combined Pensioners and Superannuants Association said at the moment super tax concessions disproportionately benefit people on high incomes. "We couldn't support any move to change the preservation age until those ...

Budget a 'missed opportunity': ISA

JAMES FERNYHOUGH  |  TUESDAY, 13 MAY 2014
... reduce their retirement income by about 25 %. "We need to have a look at the equity and sustainability of the super tax concessions." He also said the further deferral in the rise to the superannuation guarantee from two to the three years was "counterproductive." ...

FEATURE: Managing SMSF growth

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
... Australian economy. Of all the appealing features about running your own self-managed superannuation fund (SMSF), the tax concessions are often the most talked about. Certainly, this is one of the aspects that advisers and accountants consider when recommending ...