SoA woes make SMSF accountants shy away from advice
Accountants operating under the new SMSF advice licensing regime who have not providing advice have cited uncertainty about documentation and compliance as one reason why.
July 19, 2017
One rule the ATO says could ‘trip up’ SMSFs
The transitional bring-forward rule for non-concessional contributions can be confusing. The ATO's Alex Affleck explained the changes at SMSF Association Technical Day in Sydney.
July 19, 2017
VicSuper releases leading digital guidance and advice service
VicSuper has announced the next step in their financial advice suite by releasing Beeline – their innovative digital guidance and advice service designed to strengthen member engagement. Beeline takes the role of an online coach providing members with 24/7 access to financial advice for additional contributions and investment asset allocation in their superannuation. The service
July 18, 2017
Ignition Wealth launches low-cost SMSF appropriateness tool
CEO Mark Fordree today announced the launch of the Ignition Wealth SMSF Appropriateness tool, a software technology solution automating the administration of the SMSF appropriateness process. “This is a client-centric solution that ensures that investors considering establishing an SMSF are engaged, educated and empowered. It offers a low-cost easy to use solution.”. Mark Fordree, CEO,
July 18, 2017
Making sales today is about value, not free gifts
Skilled salespeople need winning personalities and the ability to provide something your clients can’t find elsewhere. Gifts and discounts won’t cut it.
July 17, 2017
Planner’s life swings from farming to finance and back
Adviser Lisa Duggan finds that working on her farm in Victoria and helping her clients achieve their goals both give her a kind of satisfaction.
July 17, 2017
ATO clarifies its SMSF reporting rules
The ATO says its proposed new reporting rules should have a “minimal impact” on self-managed super funds, with many likely to have to report transactions only once.
July 17, 2017
Mortgage brokers’ get called out over conflicts of interest, too
Consumer group Choice this week called for an end to commissions and conflicts in the mortgage broking industry, something financial planners experienced years ago.
July 14, 2017
Big data finally reveals how retirees really live
The industry needs quality data and analysis to help clients plan for retirement. Milliman's Wade Matterson proposes a solution.
July 14, 2017
Bias away from long-term investing raises concerns: PM Capital
A new survey by PM Capital shows investors struggle to take a long-term approach to meet their expectations, while also having a very optimistic view towards global equity markets. PM Capital has surveyed 214 financial advisers at a series of investment forums events in Sydney, Melbourne, Brisbane, Adelaide and Perth, representing thousands of end investors.
July 13, 2017
The truth about death and reversionary pensions
The new transfer balance cap will require trustees to take care in making decisions about how to handle benefits for members who die while receiving an account-based pension.
July 13, 2017
