It has been a big year in advice, so this fortnight will look back on the key themes of calls from advisers to our technical hotline over the last 12 months, as well as looking at what strategy options are coming up for consideration as we head into 2024!
While changes were made to the breach reporting regime in 2021, the release of ASIC Corporations and Credit (Amendment) Instrument 2023/589 made modifications to reporting requirements and reporting timeframes from 20 October 2023.
Clients may establish SMSFs to hold investments supported by borrowing, or to give them the opportunity to do so in the future. Do you feel you are across who gearing is suitable for and what alternatives to traditional limited recourse borrowing arrangements (LRBAs) are available? In today’s podcast we touch on the key concepts of borrowing in an SMSF.
With over 18 months until the new proposed tax on super balances over $3M commences, is it too soon to start planning for its introduction? In this podcast we focus in on the proposed super tax and talk the issues and opportunities it might create.
Legislation to recognise the experience of eligible existing financial advisers as an alternative pathway to meeting the education requirement recently received Royal Assent. In this week’s podcast we explore the requirements needed to utilise this pathway.
Super law requires SMSF trustees to prepare and implement an investment strategy for their fund. It also requires trustees to give effect to and regularly review their investment strategy. But what does this all mean?
As financial advisers, to provide personal advice to our clients we are required to capture their personal information. With recent data breaches top of mind for many Australians, keeping this data confidential is not only necessary, it’s the law.
The downsizer contribution strategy has been available since 1 July 2018, and can provide another avenue for clients to boost their retirement savings. While eligibility criteria have mostly remained the same, with the main exception of the eligibility age, the topic remains an area of frequently asked questions from advisers. In this podcast we will review some of recent queries from advisers.
A 5-part podcast series that asks female leaders in the industry how they see the future of advice. In this, our first episode, Tara Sutton, Head of Account Management at BT, speaks with Julia Newbould, managing editor, Conexus Financial and Stella Network Lead about the current state of the industry and what we can all do to see women in financial advice thrive.
Before 2007, recontribution strategies were common for retirement planning tax efficiencies. Since then, they have been used less frequently for estate planning purposes. In this podcast we revisit the realities around recontribution strategies in light of the proposed tax for clients with super balances exceeding $3millon.