August
2008
"Fees
make a meal of your client's interests" by Peter Bobbin
Financial
advisers have a fiduciary duty to charge on a commission basis,
Peter Bobbin writes. This article originally appeared on the
28 August 2008 issue of Money
Management.
"Right
Topic Wrong Focus" by Peter Bobbin
The
consultation paper on superannuation shows that the government
needs to focus on the value of advice and on encouraging households
to boost retirement savings, Peter Bobbin writes. Originally
published in Asset
Magazine August 2008.
July 2008
"Super's
final frontier" by Peter Bobbin
Australian
super-tax laws that treat a company as a spouse no longer seeem
so bizzare. Advisers are coming to grips with the government's
Better Super system, Peter Bobbin writes, but unfortunately
many of its absurdities and complexities are still in place.
Originally
published in Asset
Magazine July 2008.
June
2008
"Extreme
super makeover" by Peter Bobbin
The
complex, outdated rules covering self-manged superannuation
funds are crying out for reform and a single authority should
be given the role of DIY fund regulater, Peter Bobbin writes.
Asset
Magazine June 2008.
May
2008
"Trusts:
A 21st Century Look at a Centuries Old Tool"
by Peter Bobbin
Without
doubt trusts are the most favoured investment and business vehicles
today, yet most professionals have completed less than 40 hours
formal education in the law of trusts and taxation of these.
In this detailed paper, Mr Bobbin presents the fundamentals
followed by discussion of stamp duty, estate planning, family
law, and taxation issues relevant to the law of trusts. Useful
'Practice Points' are given throughout this article.
Updated May 2008.
"When
washing is a dirty word" by Peter Bobbin
Always
be wary when the Tax Office uses a word whose meaning you need
to look up. A falling sharemarket hs prompted the re-emergence
of the wash sale as a tax-saving strategy. Peter Bobbin writes,
but unfortunately many of its absurdities and complexities are
still in place. Originally
published in Asset
Magazine May 2008.
April
2008
"Super's
final frontier" by Peter Bobbin
Australian
super-tax laws that treat a company as a spouse no longer seeem
so bizzare. Advisers are coming to grips with the government's
Better Super system, Peter Bobbin writes, but unfortunately
many of its absurdities and complexities are still in place.
Originally
published in Asset
Magazine April 2008.
March
2008
"Gear
up for a lawsuit" by Peter Bobbin
It's
a great time to be in the super financial services profession,
despite the fearful chatter. More exceptions allowing super
funds to borrow money for investments are a big opportunity
for the members. Don't let them give someone a new change to
sue you, Peter Bobbin writes. Originally
published in Asset
Magazine March 2008.
February
2008
"Simple
truth Saves" by Peter Bobbin
Advisers need to take care when communicating with clients -
simply put dumb it down. No more fancy words, slock marketing
jargon or convuluted nomenclature; be bluntly honest with clients
in termins that even your teenager would understand, Peter Bobbin
writes. Originally published in Asset
Magazine February 2008.