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 |
Latest News
Count shutters limited-advice business, slips in size ranking
Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.
Centrepoint Alliance acquires two advice firms
Centrepoint Alliance will acquire Queensland financial advice practices Cairns Wealth and Pinnacle Wealth for $3 million from Astute Financial Management.
Small pocket of failed measures can 'blow the entire business': Anderson
FAAA general manager of policy, advocacy and standards Phil Anderson warned licensees to improve their control measures for authorised representatives to avoid any unintended consequences.
AFCA puts InterPrac determinations on ice
The Australian Financial Complaints Authority (AFCA) is pausing all InterPrac Financial Planning-related determinations as court proceedings instigated by the latter are underway.
Further Reading
Cover Story
Advice with soul
SACHA BURCHGART
FOUNDER AND FINANCIAL PLANNING SPECIALIST
BURCHEART
FOUNDER AND FINANCIAL PLANNING SPECIALIST
BURCHEART
Though she initially tried, Sacha Burchgart couldn't escape the call of a career in financial advice; it just took staring down her own mortality to see what's possible when you do things differently. Jamie Williamson writes.
Expert Feed
Fixing the CSLR: the UK FSCS offers lessons - but not a blueprint
UK's equivalent scheme of the CSLR highlights the lack of stability and predictability it currently has, expert says.
Helping clients stay the course in volatile markets
Fidelity International's recent research shows many investors are maintaining a "long-term" perspective despite recent market turmoil.
Let's be honest: is it a tech stack... or just a stack of tech?
Financial advisers need to be aware that sophisticated technology does not always serve as a practical, effective tool.
At the crossroad of governance: the two choices for Australian fund managers
Internalising trustees, although lawful, weakens independent oversight and can expose a fund manager to greater risks than those outsourcing the capability ...
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"