Lower balance SMSFs shutting down super for simplicity
Members with lower balances are questioning the value of retaining assets in super and deciding to take their money out, particularly with t
SMSF advice failures land adviser with $50k fine
After handing down its determination last month, the Financial Planning Association’s disciplinary body has imposed fines of $50,000 plus
ASIC toughens stance on hired responsible managers
ASIC is tending to reject AFS licence applications where an external responsible manager has been hired, further limiting the options for so
IPA flags dangers with piecemeal changes to franking credits
Labor should not proceed with any changes to refundable franking credits unless it is willing to consider more holistic changes to the tax t
Government announces exception for opt-in insurance measure
The government has announced that members in certain occupations will be excluded from its proposal to make insurance an opt-in arrangement
SMSF receives favorable ruling in legal action against insurer
Former clients of a deregistered advice firm have received a ruling allowing them to admit certain evidence in order to pursue the insurer o
Adviser banned for stealing client super
ASIC has permanently banned a financial adviser from providing financial services and credit activities after he was convicted for stealing
SIS Act ‘due for overhaul’, says APRA
The Superannuation Industry (Supervision) Act is an accumulation of specific requirements added in a “piecemeal fashion over time” and c
Christian Pakpahan & Daniel Butler
What disqualifies you from having an SMSF?
Joseph Cheung & Bryce Figot
A rundown of the TSB measure for LRBAs
Andrew Doherty
Three triggers of market mayhem
Deanne Firth
Avoiding litigation as an SMSF auditor
Joseph Cheung & Daniel Butler
The new ‘ipso facto’ regime and SMSFs
Do you think the government should reinstate the accountants’ exemption for SMSF advice?
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In this month's issue:
- Time wrap
- The tech bull run
- From hobby to passion
- Golden Years
- An untimely reminder
- Why change is so difficult
- Key Strategies for equalising super