BLB News
MODEL TRUST DEED
25/02/2010
It seems that the Government could soon be your superannuation lawyer. The Federal Government’s Review into superannuation (the Cooper Review) has suggested that a standard trust deed for SMSFs could be provided by the Tax Office (at no cost).WHY DO SO MANY PEOPLE NOT HAVE A WILL?
25/02/2010
The current available survey evidence is that 50% of adults in Australia do not have a Will. Combine this statistic with the estimated two thirds of existing Wills likely to be out-of-date owing to an individual’s changed circumstances, this leaves around 85% of adults without any means of adequately allocating assets in the event of death.SIMPLE SOLUTION FOR SMSFS: EDUCATION NOT REGULATION
24/02/2010
It’s called ‘the Nanny State’. It refers to that political philosophy that says that everything can be fixed by the State regulating our behaviour.FOS BEATS RIPOLL IN RAISING THE STANDARD
02/02/2010
I love the FOS Determination 18959, also known as the Basis Capital Case. Determination 18959 came as somewhat of a shock to the industry in the way that it outlined a higher standard of care required of financial planners than many thought was the case. It did so six months before the Ripoll Inquiry purported to do so.