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Financial Planning

FPA outlines concerns on TASA submission to Treasury

LAURA MILLAN  |  MONDAY, 22 JUL 2013
More clarification over the definition of 'tax advice' and requirements for training is needed in the amendments to the Tax Agent Services Act (TASA) 2009 the Financial Planning Association (FPA ) said in a submission to Treasury.

Submissions open to FPA Best Practice Awards

LAURA MILLAN  |  MONDAY, 22 JUL 2013
The Financial Planning Association (FPA) has opened submissions to the Best Practice Awards and the FPA Honorary Awards.

AFA to welcome "first timers" in 2013 conference

LAURA MILLAN  |  MONDAY, 22 JUL 2013
The Association of Financial Advisers (AFA) is ready to welcome new delegates at its 2013 Conference in October with an event specifically designed to help them.

FPA wants schools to teach financial literacy

LAURA MILLAN  |  FRIDAY, 19 JUL 2013
Financial literacy should be taught in schools in order to improve Australian's knowledge of finance issues, the Financial Planning Association (FPA) has proposed.

Numbers don't add up at McDonald's financial planning

LAURA MILLAN  |  FRIDAY, 19 JUL 2013
McDonald's US-based initiative to set up a financial planning unit for its workforce has prompted harsh criticism for its assumption that its low-paid workers can't live on the minimum wage income that they are paid.

FPA granting consumers inside access to funds management industry

MARK SMITH  |  FRIDAY, 19 JUL 2013
The Financial Planning Association (FPA) is inviting planners to show their clients an insider's view of the financial services industry through an industry event in Sydney in October.

PIS appoints PwC as independent expert

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
PriceWaterhouseCoopers (PwC) will monitor independent dealer group Professional Investment Services (PIS) for the next nine months after an order was issued yesterday by the Australian Securities and Investments Commission (ASIC).

FPA sets out opposition to self-education cap

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
The Financial Planning Association (FPA) has opposed the proposal to cap self-education tax concessions at $2,000 in a submission to government.

Perth mortgage broker permanently banned

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
The Australian Securities and Investments Commission (ASIC) has permanently banned a Perth-based mortgage broker.

HNW and SMSF under ATO scrutiny

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
The Australian Taxation Office (ATO) will focus on high net worth (HNW) and self-managed superannuation funds (SMSF) misuse of the concessional tax environment, whether if it is deliberately or unintentionally.