SMSFS

Funds management

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

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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....

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Superannuation

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

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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...

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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...

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Financial planning

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

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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...

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Financial planning

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

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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....

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Policy & Regulation

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

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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....

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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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Financial planning

Aussie politicians make “politicised and dishonest decisions about ‘fraud’” despite having no law enforcement of forensic investigation skills, Victims of Financial Fraud...

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Superannuation

Self-managed superannuation fund members say they want more financial advice, with 315,000 reporting they had unmet advice needs this year, up from 275,000 last year, but...

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Policy & Regulation

SMSF trustees are being encouraged to review their current finance rates after changes to the safe harbour rates benchmark affecting LRBAs. ...

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 22 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 23 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago