PRAYAS PRADHAN   The Australian Securities and Investments Commission (ASIC) made a product intervention order on 22 October 2020 that imposes conditions on the issue and distribution of contracts ...ANDREW HOWARD   The conditions around the COVID-19 pandemic—economic uncertainty and lack of internal controls in a new digital workplace—have created the perfect ecosystem for financial ...

ELLIE MULHOLLAND   Superannuation trustees and company directors had been keenly anticipating the outcome of the claim by Mark McVeigh against the trustee of REST Super. The case was regarded as ...SARAH SHAW   A popular discussion point for investors in recent months has been what shape the post-pandemic recovery will take. While the answer to this question is yet to be revealed, one ...

SELWYN BLACK   A considerable proportion of our wealth now sits in superannuation. It is estimated that at the age of retirement (age 60-64) the average Australian will have over $200,000 in ...DEIDRE GROVER   Insurance through superannuation is widely utilised in Australia and plays an important role given the benefits it can provide individuals. However, the deduction of insurance ...

JUDE METCALFE   Here's the good news: Australia's superannuation funds enjoy a fairly deep reservoir of goodwill with their members. Most participants are satisfied with the fund they ...SHAUN MCKENNA   In looking at the developments in the Australian superannuation industry, it is clear there is a growing need for flexibility, agility and resiliency in both technology and operating ...

MARGARET HEFFRON   Almost all pension members will occasionally draw more than the minimum pension amount in a given year. If so, it is critical to think carefully about how those extra payments ...TIMOTHY MILLER   The ability to bring-forward future year entitlements to make non-concessional contributions to superannuation has been in place for many years now. Up until 30 June 2020 this ...

DUNG LAM   On 15 October 2020 the Australian Taxation Office (ATO) issued Practice Statement PS LA 2020/3 (Practice Statement), which provides guidelines in regard to penalties imposed under ...NICHOLAS ALI   An audit may seem a necessary evil, however, it's an opportunity for an overview of the status of your SMSF - an assessment of the fund's compliance as well as its overall health.

PAUL O'BRIEN   There is a range of trends, themes and issues that our industry will need to address this year. Improving environment, but increasing challenges The majority of respondents expect ...JIM HENNINGTON   Life expectancy is a statistical indication of how long a person may live as opposed to an estimate of how long they will live. It is typically based on their year of birth, current ...