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Superannuation
A draft ruling released by the Australian Taxation Office (ATO) has highlighted the importance of having appropriate documentation in place to ensure a pension is reversi...
Superannuation
Industry bodies have taken issue with the exposure draft regulations for rollovers and contributions in submissions to Treasury that take aim at the three-day performance...
Superannuation
Although recent data show a significant drop in concessional contribution cap breaches, MLC has warned those numbers could spike again once the second halving of the caps...
Superannuation
Institute of Chartered Accountants superannuation specialist Liz Westover has pointed to new regulations having been finalised requiring SMSF trustees to report fund asse...
Superannuation
SISFA has warned the Federal Government that the country's almost one million SMSF trustees will use their collective voting power to object to further regulatory burden....
Superannuation
MLC senior technical consultant Mike Mitchell outlines some of the challenges faced by SMSFs wishing to make anti-detriment payments....
Superannuation
Despite current concerns over SMSF administration, only around 2 per cent of funds have a compliance issue, meaning there is no need for additional regulations, according...
Superannuation
The Australian Taxation Office (ATO) has flagged plans to take a close look at self-managed super funds (SMSFs) that fail to lodge their annual returns....
Superannuation
Australian SMSFs should be able to receive superannuation transfers from New Zealand, according to the SMSF Professionals' Association of Australia (SPAA)....
Superannuation
Association of Superannuation Funds of Australia questions ability of ATO to deliver an online portal capable of dealing with complex rollovers....
Superannuation
Financial institutions could breach Australia's Privacy Act when complying with the US's proposed Foreign Account Tax Compliance Act (FATCA), the Association of Superannu...
Superannuation
SPAA urges Govt not to exclude SMSFs from proposed trans-Tasman super regime....
Policy & Regulation
Possible tax evasion schemes involving tax deductions through the purchase of offshore 'emission units' that do not actually exist have been flagged by the Australian Tax...
Superannuation
Cavendish Super's head of technical services Tim Miller has warned self-managed super fund trustees to ensure they meet the pension standards on time to avoid unwinding a...
Superannuation
The ATO has backed a SPAA assessment that illegal early release schemes involving SMSFs are declining....
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...