by Shared by SMSF Adviser | Feb 6, 2020 | News
In a recent blog post, the SMSF administrator’s head of technical and education services, Lyn Formica, said while new SMSFs were technically not supposed to be granted an ABN until they had assets in their fund, in reality this was not always the case. Read more at...
by Maja Garaca Djurdjevic | Feb 5, 2020 | News
The Federal Court has ordered AMP to pay a hefty penalty for failing to prevent insurance churn by its financial planners. In this case, ASIC alleged that a number of AMP’s financial planners engaged in ‘rewriting conduct’ – which is providing advice that results in...
by Shared by Nestegg | Feb 5, 2020 | News
Industry Super Australia (ISA) said it had considered the Age Pension means test and found that in the next decade, more than 1 million Australians will be caught in an “unfair retiree tax that will mean they will end up with less spending money after saving more”....
by Shared by The Age | Feb 5, 2020 | News
“The most important thing for investors and entrepreneurs is certainty,” the founder and chief executive of Q-CTRL said. Read more at The Age.
by Shared by the ABC | Feb 5, 2020 | News
Having noted the possibility of a “gentle turning point” in the economy in the second half of 2019, RBA governor Philip Lowe has become more confident of that shift, both internationally and domestically. Read more at the ABC.
