BT Academy

Reviewing the most common questions from this weeks BT Academy Technical Webinar Series ‘Questions in review from 2021 to 2022'. Looking back on common questions for the year and looking into 2022. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any information in them must not be communicated to any person without the prior written consent of B...

With FASEA’s consultation on proposed changes to Standard 3 of the Code of Ethics underway, we look at the options proposed to see whether they deliver the certainty advisers are looking for. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any information in them must not be communicated to any person without the prior written consent of BT, par...

This podcast addresses four interesting questions which were asked by advisers during and after the recent ‘Carry forward concessional contributions’ fortnightly webinar hosted by BT Academy. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any information in them must not be communicated to any person without the prior written consent of BT, par...

This podcast addresses some important considerations for advisers in situations where their clients have become totally and permanently disabled, or terminally ill, in terms of possible courses of action with respect to their superannuation, both in the short and long term. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any information in them...

We discuss three recent developments that impact the world of financial advice and financial advising. These are the passage of the Better Advice Bill, the introduction of legislation around the 2021 Federal Budget superannuation announcements, and the current FASEA led consultation on Standard 3 of the FASEA Code of Ethics. Disclaimer: The podcasts are for adviser use only. They must not be made...

In this episode of BT Invest Talk, Regional Manager Eric Vassiliadis talks with BTIS Head of Asset Allocation James Kerr. They discuss the philosophy and role SAA plays in the portfolios, and touch on the impact COVID19 has had on Capital Market assumptions. James also highlights some key themes in markets for the medium term. Disclaimer: The podcasts are for adviser use only. They must not be mad...

This podcast addresses four interesting questions which were asked by advisers during and after a recent ‘aged care’ fortnightly webinar hosted by BT Academy. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any information in them must not be communicated to any person without the prior written consent of BT, part of the Westpac Banking Corporat...

In this week’s podcast, we address five interesting questions which were asked by advisers during and after a recent ‘Pension Loans Scheme’ fortnightly webinar hosted by BT Academy Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any information in them must not be communicated to any person without the prior written consent of BT, part of the We...

This week, the Financial Services Council launched their White Paper on the Future of Advice which raises a number of areas for recommended reform to set financial advice up for the future and to help promote its value. IN this podcast, we discuss the Paper and a number of its reforms with Blake Briggs, Deputy CEO of the Financial Services Council. Disclaimer: The podcasts are for adviser use only...

Australia’s demographics are shifting, and our retirement trends are changing. In today’s podcast we are joined by Jeremy Cooper, Chairman of Retirement Income at Challenger and Richard Dinham, Head of Client Solutions at Fidelity to discuss what impact the DDO and the recently released exposure draft legislation on the retirement income covenant will have on the advice Financial Advisers provide...

When can an SMSF be classified as a wholesale client? What type of advice can be provided to an SMSF on a wholesale basis? Is it really worth it? In this week’s podcast, we explore these issues in more depth. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any information in them must not be communicated to any person without the prior written c...

In what has been a comparatively quiet week for the financial planning sector, in this podcast we turn our mind to potential opportunities that the future may present, as well as a reminder on impending changes. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any information in them must not be communicated to any person without the prior writte...

This podcast addresses some things to consider when making superannuation death benefit nominations, specifically whether to nominate an individual directly or to have benefits pass on via a person’s estate. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any information in them must not be communicated to any person without the prior written co...

When client’s cease or gain Australian tax residency, a number of issues can arise from a taxation and social security perspective. Following on from a recent presentation on this topic, we look in more detail a number of questions that were raised on the implications of changing tax residency. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any...

From 1 October, SMSFs must be ready to use the ATO’s electronic superstream service for all rollovers of benefits into and out of the SMSF. In this podcast, we take a look at what this means, the benefits for members, and tips to be ready. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any information in them must not be communicated to any per...

A potentially overlooked change applied from 1 July 2021 allowing clients to re-contribute their Covid-19 superannuation early release amounts. This podcast looks at the eligibility criteria and the scenarios in which the strategy may be beneficial. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any information in them must not be communicated...

Lockdowns, lock-ups, locked out. Ethics isn’t necessarily a difficult concept, but it is the fact that your decisions get judged by others, who may have a different view, that makes it difficult to measure when a decision is right or not. With the recent results from the Roy Morgan survey on the image of professions, this week’s podcasts looks at how financial advisers fair. Disclaimer: The podcas...

In this episode Matt Harvey is joined by BT’s CIO, Corrin Collocott. Corrin discusses how his background as an engineer has shaped his investment philosophy. He also reflects on the last 5+ years he has been with BT and some of the key changes he has implemented across the portfolios. Lastly, Corrin provides his outlook for markets and how he and the team construct portfolios for the long-term. Di...

With the continued impact of COVID-19 and lockdowns now extending to Canberra and the potential impact of this on the parliamentary sitting calendar, we did see a positive announcement from ASIC on its approach to the implementation of a number of reforms due to take effect in October 2021. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any inf...

With the resumption of Parliament, the “Better Advice” Bill has continued its progression through Parliament to give effect to the wind up of FASEA at the end of 2021. In this week, we look at the outcome from a Senate Committee review of the Bill, as well as the commencement of a consultation on supporting regulations. Disclaimer: The podcasts are for adviser use only. They must not be made avail...

Today’s podcast focuses on the ATO Law Companion Ruling on the Non-arm’s length income – expenditure incurred under a non-arm’s length arrangement and the ATO draft consolidation outlining proposed changes to Tax Ruling 2010/1 that explain the interactions between non-arm’s length income provisions and the rule around superannuation contributions. Disclaimer: The podcasts are for adviser use only....

Today’s podcast focus on three announcements made in the last seven days, from information sharing protocols that will apply when hiring a new adviser, through to a proposed compensation scheme of last resort where valid claims for poor advice remain unpaid, and finally a consultation process on the long discussed retirement income covenant for all superannuation funds. Disclaimer: The podcasts ar...

Legislation was enacted just before the end of the financial year that means from 1 July 2021, it is now possible to have up to 6 members in a SMSF. In this podcast, we look to the benefits and risks of raising fund membership. We also explore changes made to the capital gains tax treatment of granny flat arrangements that also took effect from that date. Disclaimer: The podcasts are for adviser u...

There have been several changes to contribution caps for the 2021/22 financial year. Contribution caps and total super balance thresholds have been indexed and there have also been some changes to the bring-forward rule. In this podcast we look at these changes and their implications. Disclaimer: The podcasts are for adviser use only. They must not be made available to any person and any informati...

With a large focus on dealing to year end issues, it could have been easy to miss the release of the 2021 Intergenerational Report and a joint communication from ASIC and APRA to super trustees on monitoring advice fees being charged to members’ super accounts. In this podcast we look at these announcements and some of their implications. Disclaimer: The podcasts are for adviser use only. They mus...