by Reece Agland | Jul 26, 2013 | Features, Technical Advice
The IPA agrees we need to depoliticise superannuation policy and put it on a long-term footing. We are not convinced, however, that a council of eminent Australians is the best way to achieve this. We also question whether unelected representatives should be doing the...
by Reece Agland | Jun 1, 2013 | Features
What was in the Budget (and leaked before) was generally positive news, such as the Excess Contributions Tax (ECT) arrangements, the increase in the concessional cap and changes to taxation of deferred lifetime annuities – all initiatives that the IPA had been...
by Reece Agland | Mar 28, 2013 | Features
As part of ASIC’s ongoing interpretation of the Future of Financial Advice (FoFA) reforms, the regulator has released Consultation Paper 189: Conflicted remuneration (CP 189). CP 189 sets out ASIC’s interpretation of the ban on conflicted remuneration.What is...
by Reece Agland | Mar 7, 2013 | Blog
Now, I’m not saying an SMSF is right for everyone, it isn’t. You need decent balances to make it viable and the kind of person that can make good long term investment decisions while keeping meticulous paperwork. Not me in other words. There are many people it is just...
by Reece Agland | Jan 31, 2013 | Features
The best interests duty – set out in Div 2 of Part 7.7A of the Corporations Act – replaces the current requirements to provide appropriate advice and warn clients if information is incomplete or inaccurate. Unlike the current requirements in s945A and s945B of the...
