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Showing 1 - 10 of 11 results for "Richard Webb"

Improvised super tax poses unfair, inequitable outcomes: Industry

MATTHEW WAI | TUESDAY, 20 JAN 2026

... them in the new super tax framework produces an unfair and inconsistent result," CPA Australia superannuation lead Richard Webb said. "For many super funds, franking credits are effectively a refund of tax already paid. Treating those refunds as irrelevant ...

Adviser exodus puts retirement savings at risk: CPA

KARREN VERGARA | THURSDAY, 17 JUL 2025

... 15,300 advisers left in the sector, which has nearly halved from 26,500 in 2019. CPA Australia superannuation lead Richard Webb says a mountain of red tape is a key contributor to financial advisers quitting the profession and the government must urgently ...

Industry groups hammer out guidance on tax-deductible advice fees

ANDREW MCKEAN | MONDAY, 26 MAY 2025

... the tax deductibility of advice fees, which will "ultimately benefit our clients. CPA Australia superannuation lead Richard Webb, meanwhile, said the association will continue to explain the changes and work with its members and the advice community ...

Industry bodies call for delay to Payday Super

JAMIE WILLIAMSON | FRIDAY, 9 MAY 2025

... stakeholders sufficient time to comply with the new logistical demands on the system," CPA Australia superannuation lead Richard Webb said. "The superannuation transmission network is fundamental to the successful delivery of Payday Super. If it is not ...

Smaller super funds unfairly burdened by regulatory levy model: CPA

ANDREW MCKEAN | WEDNESDAY, 30 APR 2025

... CPA Australia says, in response to Treasury's proposed levy changes for 2025-26. CPA Australia superannuation lead Richard Webb said the Financial Institutions Supervisory Levies, which are collected by APRA to recover costs incurred for regulating the ...

CSLR review will scrutinise effect on businesses

KARREN VERGARA | MONDAY, 3 FEB 2025

... determination. If financial advisers end up footing the bill, CPA Australia's spokesperson on financial advice Richard Webb said financial advisers could see their levies potentially jump from $1186 to $4516 - an increase of more than 250% in 12 ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA | FRIDAY, 31 JAN 2025

... the fixing the issues that are within his power to resolve." CPA Australia's spokesperson on financial advice Richard Webb said reports suggest that financial advisers will see the CSLR levy rise dramatically in 2025-26 and potentially jump from ...

Minimum service standards for super funds welcomed

ELIZA BAVIN | WEDNESDAY, 29 JAN 2025

... stakeholders on the development of these essential service standards." However, CPA Australia superannuation lead Richard Webb said that while the introduction of mandatory and enforceable service standards is a welcome reform to the superannuation system ...

Industry funds ask for specialised SMSF adviser training

LAURA MILLAN | THURSDAY, 3 OCT 2013

... sophisticated services that require a higher level education from providers," AIST's Policy and Regulatory analyst Richard Webb said. AIST supports higher standards for financial advisers, including the eventual requirement for a bachelor's degree for ...

TASA may also affect industry super funds

LAURA MILLAN | WEDNESDAY, 19 JUN 2013

... beyond financial product advice to advice that may not involve financial products," AIST policy and regulatory analyst Richard Webb said. "Because of the way that funds can collectively charge for advice services under section 99F of the SIS Act, this ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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