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ASIC has extended the reportable situations relief and personal advice record-keeping requirements on the same terms until October 2029.
New research has found most Australians believe the age pension is insufficient to fund their retirements, with larger superannuation balances and access to professional financial advice linked to higher levels of financial well-being instead.
Both the Treasurer and the Prime Minister have confirmed that Treasury is exploring changes to the contentious policy.
The ATO’s June quarterly statistical data on the SMSF sector has been released and has revealed continued growth.