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| | | The Australian Taxation Office has admitted that as many as 75,000 SMSFs totaling assets up to $50 billion could be breaking the rules, leading some in the industry to suggest that the sector should be subject to tighter regulation. Last month Australian ... |
| | | | Prime Minister Tony Abbott has made clear that he isn't planning to make changes to the self-managed super fund (SMSF) sector even after the Reserve Bank of Australia (RBA) red flagged DIY investors' property exposure. "What we said was that there would ... |
| | | | ... can still find plenty of attractively valued assets to invest in the broader commercial property sector, according to Charter Hall head of direct property Richard Stacker. The Reserve Banks of Australia (RBA) has this week moved to discourage speculation ... |
| | | | Industry bodies have welcomed the Australian Securities and Investments Commission (ASIC) consultation paper asking for better regulation for establishing and advising self-managed superannuation funds (SMSF). "The announcement by ASIC today is consistent ... |
| | | | ... speaking at IQPC's The Future of Digital Payments Conference. In equities news, Woolworths, AGL Energy, Transfield Services, Charter Hall Group, Abacus Property Group and Wotif.com Holdings are expected to post full year results. Metcash is slated to ... |
| | | | ... uptick in planner headcount to 30 June in its annual results. Adviser numbers across its businesses Genesys, Hillross, Charter, Ipac and AMPFP grew from 3,636 to 3,680 over the period, cementing its position as the largest planner and adviser network ... |
| | | | ... network to 188. Genesys is one of several dealer groups owned by AMP, including AMP Financial Planning (the largest), Charter Financial Planning and Hillross Financial Services. In March, the total number of advisers in AMP dealer groups was 3,142. |
| | | | The financial services industry welcomed September 7 as the date for the federal elections, and has asked for stronger and more transparent consultation process once the result no matter what the result is. The Institute of Chartered Accountants Australia ... |
| | | | ... changes possible only once every five years hence, Treasurer Chris Bowen said. The Treasurer unveiled a superannuation charter, drafted by a task force chaired by Jeremy Cooper, who in 2010 chaired a wide-ranging review into superannuation, calling for ... |
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