Going through ASIC’s pronouncements and corporate plans can help gauge whether a business is at risk. Big and small AFS licensees such as non-bank planners, accountants, and life advisers will be increasingly scrutinised soon.
Tag Archives | regulation
There are legitimate reasons to use an offshore financial centre, which should not be confused with a tax haven where data is withheld from tax or regulatory authorities in other countries.
In 1999, the ATO assumed regulatory control of SMSFs as they were seen as tax vehicles, not serious retirement funds. In 2015, does the ATO have any role in ensuring that SMSF members have a comfortable retirement?
The Centre for International Finance and Regulation (CIFR) recently hosted a conference on the Financial Systems Inquiry, and has just released videos of the sessions with many high profile speakers.
“As Cuffelinks marks its 100th edition, it is an opportune time to explain to this important audience the role of ASIC.” ASIC’s Deputy Chairman looks at the drivers of risk and the law enforcement role. The rapid rate of change, especially digital disruption, is just one of its many challenges.
A report card from AQR’s tenth anniversary seminar in Sydney covering two of the presentations. One on market respect and strategy, the other in defence of High Frequency Trading and the role it plays.
ATO video on SMSF Sole Purpose Test.
Continuing from last week’s article on superannuation myths, here’s another five myths relating SMSFs. Separating fact from fiction is a good first step towards effective discussion and informed policy.
It’s one thing to know the super and SMSF legislation and devise an appropriate strategy, but it’s quite another if it can’t be implemented in practice. Especially when bank lending policies are involved.
The funds management industry is undergoing consolidation and evolving rapidly, under pressure to provide better service and high returns while cutting costs. Chris Cuffe discusses the present and the future.
My extended family has well in excess of four people in it and we currently have four separate SMSF’s which quadruples the costs and time involved in managing the funds. Why is there a limit on the number of fund members?
Chairman of Westpac, Lyndsay Maxsted, was refreshingly open at a recent Morningstar retail conference, and Kerr Neilson pleaded with investors to control their emotional responses to markets and stay the course.
Australia has an enormous opportunity to build a world-class decumulation system that gives individuals security and flexibility in retirement, but it’s different from the accumulation phase.
The Reserve Bank has three early warning signals for financial instability in a sector: rapid growth; a target for spruikers; and a potential investor protection issue. SMSFs tick every box.