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Showing 841 - 850 of 2379 results for "Rule"

SMSFA questions three-year audits

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... undertake annual audits to ensure their fund is compliant," Maroney said. The Federal Government proposed the new auditing rule in this year's Budget. In response to Treasury's discussion paper, Maroney urged the Government should reconsider introducing ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
ASIC's favourite method of tackling misconduct came under fire as the Royal Commission capped off its round of superannuation hearings on Friday. First up was Tim Mullaly, a senior executive leader in ASIC's financial services enforcement division. ...

Advisers can help democratise philanthropy

KARREN VERGARA  |  FRIDAY, 17 AUG 2018
Retail investors are fuelling changes in the philanthropic sector that present business development opportunities for the financial advice and wealth management industries, according to an expert. State Street Global Advisors SPDR head of practice management ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
The selling of superannuation products by ANZ branch staff has been called into question, with the Royal Commission suggesting the bank's practices are misleading and deceptive. Appearing before the Commission this morning, ANZ head of superannuation ...

Customer data protections progress

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
Wealth management firms have an opportunity to set the course around how they better deliver customer-oriented solutions following the Federal Government's release of draft legislation on the Consumer Data Right. The Consumer Data Right is aimed to ...

Federal Court rules partly in favour of DomaCom

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
A Federal Court ruling on a potential breach of the Sole Purpose Test has been termed a "milestone" for the SMSF industry, however there are still hurdles to clear before sub-funds are not considered in-house assets or related trusts under the SIS (Superannuation ...

Farmers should urgently access super: Advisers

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
Financial planners can help embattled farmers in drought stricken areas to urgently access their superannuation by lobbying the Federal Government for changes to super hardship policy. Certified Financial Planners Julie Matheson and Peter Roan are proposing ...

Advisers on scam alert

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
... offers to invest or borrow money to invest into the asset. This is not wrong but it can be a potential area of scammers." His rule for clients is: don't invest in a product if you don't understand it completely, and if it sounds too good to be true ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... neutral rate of interest that matters more - what is the signal the flattening yield curve is trying to convey? The Taylor Rule according to Wikipedia is "a reduced form approximation of the responsiveness of the nominal interest rate, as set by the ...

Government mulls reforms to tax residency rules

JAMIE WILLIAMSON  |  THURSDAY, 12 JUL 2018
... permanently reside here or intend to take up residency is automatically considered a resident for tax purposes. While this rule already exists, the Board of Taxation has suggested that this be the lone rule by which the Government determines a person's ...