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...
SPAA blamed the CPD requirements for the low standards, saying it is currently driven by a compliance-based method....
The regulator has clarified the rules around wholesale and retail advice to SMSFs....
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...
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 ...
New survey reveals strong belief that $200,000 should be the minimum to establish an SMSF, with most believing it should be higher. ...
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. ...
The major industry funds groups want ASIC to receive better budgetary resourcing to regulate financial planners....
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....
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 ...