Accountants remain confused about the process involved in the uptake of the limited licensing regime but they need to proceed quickly if they want to advise on SMSFs, And...
SMSF will now have to adhere to the same eligibility tests as everyone else when determining whether an investor is a wholesale client or not...
One of Australia’s regulators fears self-managed super funds could expose investors to inappropriate borrowing strategies, but doesn’t see a role for itself in guarding t...
Self-Managed Superannuation Funds may be exposed to unlisted property schemes who fail to adequately disclose risks related with their products, ASIC warns....
ASIC has warned on the one stop shop SMSF business model in the wake of Charterhill collapse....
Hidden costs associated with ‘free’ self-managed superannuation fund (SMSF) setups could expose trustees to heavy penalties under a new regime, which comes into force on ...
SPAA will work with ASIC to update its code of conduct so that SPAA members will be exempt from opt-in requirements....
ASIC has been warned that cobbling together guidance on PDS fee disclosure is not enough and that the underlying legislation needs to be fixed. ...
Towers Watson points to key retirement estimate benefits flowing from ASIC guidance....
ASIC deputy chairman, Peter Kell has confirmed intra-fund advice is on the regulator’s surveillance radar....
ASIC has been told there needs to be greater clarity between what represents a ‘fee’ and a ‘cost’ in Product Disclosure Statements....
ASIC is looking for industry feedback around key fee and cost disclosure requirements for superannuation and managed investment products....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...