SMSFS

Policy & Regulation

The tax office is imposing more educational directives where self-managed superannuation fund members have breached regulatory contraventions in a bid to prevent reoffend...

Superannuation

The average self-managed superannuation fund with a balance less than $200,000 generated negative returns over three successive financial years, according to the Australi...

Financial planning

The SMSF Association wants the Government to dump its limited licensing regime for accountants on the basis of it having failed to meet its objectives and having, instead...

Funds management

BetaShares has announced that four of its diversified exchange traded funds will be now available on the Australian Securities Exchange....

Superannuation

The tax office will not apply compliance resources regarding the sole purpose test to SMSFs invested in a DomaComa property sub-fund who happen to become a tenant....

Superannuation

Running a SMSF is $8,900 cheaper than what ASIC believes, according to the SMSF Association....

Superannuation

The Australian Securities and Investments Commission has identified eight red flags which would make it ‘extremely unlikely’ for an investor to gain any advantage from us...

SMSF

SMSFs that fail to lodge annual returns by the due date and have their compliance status changed do not have the right to appeal to the AAT as the SuperFund Lookup websit...

Financial planning

The Institute of Public Accountants has emerged at the head of a new push to reinstate the Accountants’ Exemption....

Financial planning

Providing advice with respect to Self-Managed Superannuation Funds is complex and something deserving deeper analysis than the current review of the Tax Practitioners Boa...

Financial planning

Wealth platform, Powerwrap Limited has reported the underlying net profit after tax loss of $5.4 million....

People & Products

Policy head, Jordan George, has announced he has resigned from his role at the SMSF Association which he held for the past seven-and-half years, effective 23 August....

Policy & Regulation

Double-counting may have led to the Australian Taxation Office wrongly pursuing superannuation fund members over excess transfer balance caps....

Policy & Regulation

National Australia Bank has again found itself the subject of adverse media following the publication of leaked audit documents relating to its risk governance standards....

Superannuation

Making extra withdrawals from superannuation every year could still cause problems for members, according to Bob Locke from SMSF specialist Practical Systems Super, despi...

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MARKET INSIGHTS

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