Don't forget that exit strategyBY MICHAEL HARKIN | VOLUME 8, ISSUE 2With the rush to purchase property via their SMSF, turstees are overlooking what will happen should they become disabled or die. Get articles like this delivered to your email - Sign up for the free weekly newsletter  More Articles |
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Former financial adviser charged in alleged $160k super fraud case
|Former financial adviser Abdullah Popal has been charged with alleged fraud offences in Sydney's north-west, accused of hoodwinking five individuals out of over $160,000 from their self-managed super funds (SMSFs).
Reducing super tax cap to $2m 'a concern': FAAA
|The FAAA has voiced concerns over the Labor government's proposed superannuation tax, saying if they are negotiating with the Greens, a reduction in the cap to $2 million would be problematic.
FAAA calls for stronger consumer protections in advice reforms
The Financial Advice Association of Australia (FAAA) has opposed collective charging for "always complex and costly" retirement planning advice and emphasised the need for consumer protection in the provision of super nudges in its submission to Treasury on the Delivering Better Financial Outcomes (DBFO) ...
Adviser numbers jump in March quarter: Rainmaker
The March quarter saw the highest number of financial advisers join the sector in the last seven years to reach 15,982, according to Rainmaker Information.
Further Reading
Cover Story
Moving mountains
MAGDELINE JACOVIDES
FOUNDER AND FINANCIAL ADVISER
MAZI WEALTH
FOUNDER AND FINANCIAL ADVISER
MAZI WEALTH
On top of running a successful practice, Mazi Wealth founder Deline Jacovides is a fierce advocate for closing the superannuation gender gap and has built a highly popular social media presence that takes financial literacy to the next level. She tells Karren Vergara where her passion comes from and how she integrates it all with family life.
Expert Feed
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When I traded my Chartered Accountant hat for a career in financial planning, I didn't just switch professions - I gained a new perspective on the evolving ...
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It was coined as a 'gamechanger' - an ETF that can be bought and sold on the ASX or Cboe Australia but that can also be applied for, and redeemed, directly ...
Now is the time to be brave
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Why philanthropy is an important conversation advisers should have with clients
Financial advisers are in the box seat to assist clients with their philanthropy, yet a lot still don't raise the topic with clients.
If there isn't a way of paying out the loan the whole thing falls apart even between husband and wife as the survivor can't elect to receive the death benefit as a pension as pension assets can't contain borrowings.
Peter from Dominion - Can you please advise what the regulation is that states that "a survivor can't elect to receive the death benefit as a pension as pension assets can't contain borrowings"
If there isn't a way of paying out the loan the whole thing falls apart even between husband and wife as the survivor can't elect to receive the death benefit as a pension as pension assets can't contain borrowings.
Peter from Dominion - Can you please advise what the regulation is that states that "a survivor can't elect to receive the death benefit as a pension as pension assets can't contain borrowings"