Government and regulation

Review of the Tax Arrangements Applying to Managed Investment Trusts

Written by Board of Taxation Tuesday, 25 November 2008 14:53

Australia’s managed funds industry is an important and dynamic part of Australia’s economy and one of the largest in the world. In this discussion paper, the Board of Taxation reviews the tax arrangements applying to managed investment trusts and assesses options for introducing a specific tax regime that would reduce complexity, increase certainty and minimise compliance costs.

ASIC consultation paper 102: Dispute resolution – review of RG 139 and RG 165

Written by ASIC Friday, 19 September 2008 12:11

ASIC has proposed raising the cap on compensation that can be awarded by an external dispute resolution (EDR) scheme to $280,000, and allowing consumers with a complaint that exceeds a scheme’s compensation cap to waive the excess to access the scheme.

Speech to the Fee for Service Group, July 8 2008

Written by Nick Sherry Monday, 04 August 2008 11:29

In this speech, Senator Nick Sherry, Minister for Superannuation and Corporate Law, expresses his support for fee-for-service and outlines the government’s priorities relevant to the financial planning industry.

Special Reports

LICs get boost from ETF popularity

An overlooked investment vehicle is getting another look-in, as planners begin to reassess the benefits of listedinvestments. Simon Hoyle reports.

It’s all about the company you keep

Planners whose thinking on fixed income extends no further than managed funds and government bonds might be doing clients a disservice as other opportunities present themselves. Simon Hoyle reports

ETFs on the up-and-up (and up)

After a slow start, the issuers of exchange-traded funds in Australia are convinced they’re on the cusp of rapid growth and widespread acceptance by financial planners and their clients. Simon Hoyle reports.