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Rice Warner: Year in Review 2018

  • On December 13, 2018
The Rice Warner team wish you and your family a Merry Christmas and a safe, enjoyable and well-deserved break. We look forward to working with you in 2019. Take a look at our Year in Review

Retirement won’t wait

  • On December 4, 2018
The Federal Government has announced that it will delay the implementation of the Retirement Income Framework (RIF) and Comprehensive Income Products for Retirement (CIPR) legislation. Practically speaking this means that superannuation funds will not be required to offer a CIPR product as of July 2020 but instead will be given time until July 2022.  However, by July […]

Bridging the gap for advice

  • On November 22, 2018
The Royal Commission’s interim report was highly critical of the delivery of financial advice.  One question raised in its interim report relates to the remuneration of financial advisers: “Should any part of the remuneration of financial advisers be dependent on value or volume of sales?”¹ Grandfathered commissions and asset-based fees for providing advice are common […]

Should the Superannuation Guarantee move to 12%?

  • On November 13, 2018
Another publicity-grab for Grattan In November 2018, the Grattan Institute released its latest report “Money in retirement: More than enough”.  This is another in a series of Grattan reports attacking the foundations of the superannuation industry.  It has modelled that the average Australian will have retirement income of at least 91% of their pre-retirement income.  […]

Inquiry into the implications of removing refundable franking credits

  • On November 2, 2018
We welcome the opportunity to make a submission to the Standing Committee on Economics inquiry into the implications of the removal of refundable franking credits. Our submission focuses on the principles for sensible tax reform, analysis of removing refundable franking credits, its impact and alternative tax policies. We have analysed the policy against principles of […]
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