News Items matching Planning Your Estate

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Over 400 individuals and companies convicted for tax and super offences

Date: 11 Dec 2012, Filed under: Superannuation & Elder Law, Taxation law

In the last quarter, 465 individuals and companies were convicted for tax and superannuation criminal offences resulting in over $1.56 million in fines...

Paul Keating calls for Government longevity insurance fund

Date: 30 Nov 2012, Filed under: Banking & Finance, Superannuation & Elder Law

In an address to the ASFA 2012 National Conference, former Prime Minister Paul Keating called for the establishment of a Government-administered longevity...

Early access to SMSF money included in taxpayer's assessable income

Date: 14 Nov 2012, Filed under: Superannuation & Elder Law, Taxation law

The AAT has upheld the Commissioner's decision to count money withdrawn from a self-managed superannuation fund (SMSF) in breach of the SIS Act as part...

Strengthening APRA's Crisis Management Powers: Govt seeks views

Date: 14 Sep 2012, Filed under: Banking & Finance, Superannuation & Elder Law

The Government has released a consultation paper seeking stakeholder views on a range of options directed primarily at strengthening Australia's framework...

Australians have $1 trillion shortfall in retirement savings, according to report

Date: 05 Sep 2012, Filed under: Banking & Finance, Superannuation & Elder Law

According to calculations released by the Financial Services Council (FSC), the current funding for superannuation is insufficient to provide the population...

Super fund notification requirements will be expensive, says IPA

Date: 04 Sep 2012, Filed under: Banking & Finance, Superannuation & Elder Law

The Institute of Public Accounts (IPA) has called on the Government to reconsider proposed superannuation changes in relation to fund notification requirements....

Warning to investors to understand hybrid securities

Date: 29 Aug 2012, Filed under: Banking & Finance, Superannuation & Elder Law

ASIC has reiterated its advice to investors to be aware of the risks and complexities of hybrid securities following a number of offers to have hit the...

New warning about serious investment fraud

Date: 11 Jul 2012, Filed under: Business & Commercial Law, Superannuation & Elder Law, Estate Planning

The Minister for Home Affairs Jason Clare has urged Australians to protect themselves against the growing threat of serious and organised investment fraud....

Financial planning firm loses appeal against broker

Date: 06 Jul 2012, Filed under: Banking & Finance, Superannuation & Elder Law

A Sydney-based financial planning firm, sued by clients in the Westpoint collapse, has failed in the NSW Appeal Court to gain contribution to a settlement...

Family trust denied superannuation deduction for trustee directors

Date: 04 Jul 2012, Filed under: Banking & Finance, Superannuation & Elder Law, Taxation law

The Federal Court has held that a family trust was not entitled to a deduction for superannuation contributions made on behalf of the husband and wife...

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