State and Federal COVID-19 support — March 2022
The following links are to the latest state and federal government plans, schemes, programs, and initiatives to help businesses and individuals manage the impact of yet more COVID-19 restrictions.
Categories for Financial Planning News
State and Federal Disaster support — March 2022
The following links are to the latest state and federal government plans, schemes, programs, and initiatives to help businesses and individuals manage the impact of yet further national hardships.
Volatile markets underscore importance of discipline
Heightened volatility and market losses early in 2022 emphasize the value for investors of a long- term focus.
Russia/Ukraine: Rising geopolitical risks and portfolio implications
Given the enormity of Russia's decision to invade Ukraine, this note provides a short update on the potential market implications.
Countries with highest life expectancy (1800 – 2099)
In line with our ongoing theme of videos concerning global trends and statistics, this video looks at life expectancy over two hundred years.
ATO releases new guidelines to combat identity theft
ATO and the Tax Practitioners Board have developed new client verification guidelines for tax practitioners, with criminals using increasingly sophisticated attempts to steal taxpayer identities
‘Catastrophic consequences’: Government lobbied on NALI rules
The non-arm’s length income rules for superannuation will result in unwarranted and significant detriment to fund members and could operate in conflict with a range of trustee duties, including the best financial interests duty, joint bodies have told the government.
Vaccination rates (Dose)
61.4% of the world population has received at least one dose of a COVID-19 vaccine. 10.2 billion doses have been administered globally, and 18.22 million are now administered each day. Only 10% of people in low-income countries have received at least one dose.
Important detail highlighted in legacy pension draft regulations
While the draft regulations aimed at tackling the excess transfer balance issue are a welcome development, SMSF trustees will have to hope the ATO releases the excess notice determination quickly to avoid interest building up, according to Heffron.
What to expect in 2022
2022 is set to be a bumpy year for investors, but sticking to an investment strategy and thinking long-term will help investors navigate the road ahead.
