Submissions

Financial advice should be fully tax deductible, says IPA

financial advice, tax deductible, IPA, budget 2015/16The Institute of Public Accountants (IPA) has called for financial advice to be fully tax deductible, up to a capped limit, to improve retirement planning.

“The Intergenerational Report concludes that there will only be 2.7 working Australians to support every Australian over the age of 65 by 2055. Competent and affordable financial advice will be an essential ingredient in paving the way to sustainable retirement incomes and to help alleviate over-reliance on government funded pensions,” said IPA CEO Andrew Conway.

Read More »Financial advice should be fully tax deductible, says IPA