Paraplanning

In Summary Only 38 per cent of pre-retirees know how much income they will need each month, and fear of running out is pushing retirees to underspend money they have already saved. A comprehensive long-term projection replaces generic benchmarks with an affordability figure specific to the household, addressing the risk of spending too much and…

In Summary Almost half of pre-retirees have used a generative AI tool, and advised clients use AI more than unadvised ones, most often to explore options and prepare for adviser meetings. AI has closed very little of the gap that matters: 41 per cent of pre-retirees understand what they will need to fund retirement, against…

In Summary On 23 June 2026 the government agreed to a Greens amendment that bans new limited recourse borrowing arrangements (LRBAs) for residential property inside SMSFs. The change is prospective, with existing arrangements grandfathered and a 45-day transition after Royal Assent, placing the effective date around mid-August 2026. The ban closes one of the most…

In Summary The 2026-27 federal budget handed ASIC fresh funding from FY27 to tighten its oversight of managed investment schemes, and the regulator is opening reviews across lead generation and SMSF advice. Documentation quality and audit readiness will carry more weight than ever. Sweeping changes to capital gains tax, negative gearing and trust taxation create…

In Summary Labor’s proposed capital gains tax reforms have triggered urgent demand for strategic advice among high-net-worth clients, with an estimated $4.4 trillion in HNW wealth currently underserved by financial planners. Only one quarter of high-net-worth Australians currently use a financial adviser, but growing complexity around tax, succession and multi-entity structures is driving that number…