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BT wins award for 'Your World' tool

JAMES FERNYHOUGH  |  TUESDAY, 4 JUN 2013
BT Financial Group (BTFG) Advice has won the Australian International Design Award for its 'Your World' tool. 'Your World' is a paper-based tool designed to create more engaging financial planning service experience for clients. "Much detail is required ...

Trans-Tasman super rollovers exclude SMSFs

MARK SMITH  |  MONDAY, 3 JUN 2013
The government's finalised regulations have allowed superannuation rollovers between Australia and New Zealand but exclude self-managed super funds (SMSFs). From 1 July 2013 it will be possible to transfer retirement savings account proceeds between ...

AustralianSuper granted MySuper license

MARK SMITH  |  FRIDAY, 31 MAY 2013
AustralianSuper, the nation's largest not-for-profit superannuation fund, has become the latest fund to be granted its MySuper license. AustralianSuper is following the path of many other super funds, rebadging its existing balanced option. The MySuper ...

CAMAC recommends charitable trust audits

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
The Corporations and Markets Advisory Committee (CAMAC) has recommended that charitable trusts managed by licensed trustee companies (LTC) be audited in a new report. CAMAC's 'Administration of charitable trusts' report said that there is a deficit ...

Government scraps proposed SMSF transfer changes

MARK SMITH  |  FRIDAY, 31 MAY 2013
The federal government has scrapped proposed amendments to the Taxation and Superannuation Laws (2013 Measures No. 1) Bill 2013 banning self-managed super funds (SMSF) from carrying out off-market transfers of listed securities. Under the proposal ...

TASA now likely to include advisers by July 2013

LAURA MILLAN  |  THURSDAY, 30 MAY 2013
The Tax Agents Services Act (TASA) has been tabled to introduce a "financial adviser services" category for advisers and the measure is likely to start on July 1, 2013. The House of Representatives tabled the legislation this week and the bill is expected ...

MFAA offers new SMSF training programs

JAMES FERNYHOUGH  |  MONDAY, 27 MAY 2013
The Mortgage & Finance Association of Australia (MFAA) will launch three new self-managed superannuation fund (SMSF) training programs for credit advisers. The programs aim to improve participants' understanding of their role in setting up Limited Recourse ...

McLean Delmo comes under Bentleys umbrella

JAMES FERNYHOUGH  |  WEDNESDAY, 22 MAY 2013
Melbourne accountancy firm McLean Delmo has joined national accounting group Bentleys' network of independent firms. Under the arrangement, McLean Delmo will become 'McLean Delmo Bentleys' for a three-year transition period after which it will assume ...

Market Wrap PM

AAP  |  WEDNESDAY, 22 MAY 2013
The Australian stock market has opened firmer, with the big miners among the better performers in early trade. BHP and Rio have continued their recent run higher after touching multi-month lows in April amid concerns about falling commodities prices ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 20 MAY 2013
In the new edition of Financial Standard, we look at why local funds should embrace the $10.6tr global pension market, we showcase the Lazard Emerging Markets Total Return Debt Fund and we profile Elders Wealth Management general manager Helen Lorigan. ...