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Twenty of the 50 recommendations the ASIC Enforcement Review Taskforce made are on hold while the high-profile inquiry continues, despite being agreed to by the government.
A proposal to allow some SMSFs to be audited only every three years could result in more minor infractions to justify yearly reports, specialist tax planner Max Newnham said.
The next generation’s burgeoning buying power and the imminent transfer of wealth make Millennials an important age cohort for financial advisers to get their heads around.
The industry got a peek into what’s likely to be coming down the pipeline during a speech by ASIC's new chairmain, James Shipton.
The Australian financial planning industry is evolving and going through lots of change.
Professional Planner is the leading voice for financial planners where they can learn about industry standards, get news, information, debate and develop new ideas.
