by Shared by SMSF Adviser | Jun 9, 2016 | News
ASIC announced yesterday that it has commenced proceedings against Melbourne-based NSG Services Pty Ltd for breaches of the best interests duty introduced under the Future of Financial Advice (FOFA) reforms.Read the full story at SMSF Adviser.
by Shared by SMSF Adviser | Jun 7, 2016 | News
According to the report, titled Sink or swim: Why wealth management can’t afford to miss the digital wave, 69 per cent of high-net-worth individuals (HNWIs) are now using online and mobile banking, but only a quarter of advisers offer digital channels beyond...
by Shared by SMSF Adviser | Jun 6, 2016 | News
The facts of TBCL and Commissioner of Taxation [2016] AATA 264 include a son who was born in 1991 – the only child of two parents, who he lived with until 2007 before relocating. He returned to live with his parents in 2009, before his death in a motor vehicle...
by Shared by SMSF Adviser | Jun 2, 2016 | News
To no surprise, ASIC has been reporting for months that the take-up of the limited licence option, which involves an accountant obtaining their own AFSL, is slow. Only 149 applications were approved as of 23 May this year.Read the full story at SMSF Adviser.
by Shared by SMSF Adviser | May 31, 2016 | News
The ATO announced this week that it is allowing SMSF trustees until 31 January 2017 to ensure that any LRBAs that their fund has are on terms consistent with an arm’s length dealing, or alternatively are brought to an end. Read the full story at SMSF...
