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The Institute of Financial Professionals Australia disapprove of Treasury's proposed NALE rules for superannuation funds

The Institute of Financial Professionals Australia disapprove of Treasury's proposed NALE rules for superannuation funds
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Australia
Phil-broderick
Natasha-panagis
Head-of-superannuation-financial-services
Institute-of-financial-professionals-australia
Institute-of-financial-professionals-australia-do
Financial-professionals-australia
Financial-services
Taxation-ruling
Superannuation-technical
Policy-committee
Financial-professionals

Objective will not achieve any real purpose: IFPA

The Institute of Financial Professionals Australia (IFPA) has bucked the trend, rejecting the proposal to legislate an objective of superannuation.

Australia
Angus-taylor
Natasha-panagis
Phil-broderick
Institute-of-financial-professionals-australia
Financial-professionals-australia
Insignia-financial
Shadow-treasurer-angus-taylor

Legislating super objective 'pointless and open to abuse'

The IFPA believes the existing sole purpose test better captures the core purpose of superannuation.

Natasha-panagis
Phil-broderick
Legislating
Uper
Objective
Pointless
Pen
Abuse

NALI risks flagged with SMSF borrowing and digital assets

While an SMSF can theoretically borrow to buy cyrptocurrency assets, challenges around finding a lender or benchmarking materials make it a significant risk, warns a specialist lawyer. While an SMS

Phil-broderick
Association-national-conference
National-conference
Sladen-legal
Manali
Risks
Slagged
Msf
Borrowing
Digital
Assets

Lawyer calls for BDBNs to be modernised

The death benefit system is in need of review to ensure its fit for purpose the modern super system. Speaking in a recent panel discussion, Sladen Legal principal Phil Broderick said the death benefit

Phil-broderick
Miranda-brownlee
Hillv-zuda
Tax-institute
National-superannuation-conference
Sladen-legal
National-superannuation
Federal-budget
Lawyer
Calls
Bdbns
Modernised

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