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SMSF member balances see strong 5-year growth

Recent ATO statistics show that the median SMSF member balance grew by almost a third in the five years to 30 June 2021.... Read More

Advice firm convicted of hawking breaches

National Advice Solutions has been convicted of hawking in relation to superannuation roll over calls. Read More

ATO statistics show consolidation of SMSF audit industry

The number of auditors performing SMSF audits for the 2020–21 income year dropped by 757, according to recent ATO stat... Read More

Class order for SMSF auditors due to expire in April

ASIC says CO 12/1687 on competency standards for SMSF auditors is unnecessary and has proposed allowing the class order ... Read More

Draft super objective to ‘protect super from interference’

Superannuation bodies have welcomed the government’s draft objective for superannuation, stating it will provide equit... Read More

Abood explains limitations to FPA’s support of QAR

The FPA says that while it broadly supports the Quality of Advice Review (QAR), there are areas that require further exa... Read More

Netwealth profits bolstered by platform revenue boost

An 18 per cent increase in platform revenue has helped deliver growth in the super and investments solutions provider’... Read More

Advisers can capitalise on burgeoning demand among women: Netwealth

Women are increasingly open to seeking professional financial advice, providing the wealth industry with new growth oppo... Read More

QOA proposal risks turning funds into ‘simple savings accounts’

Deducting advice fees from super funds risks undermining the system, a co-founder of financial services institution has ... Read More

Wealth management platform partners with Xpress Super

Selfwealth has partnered with SMSF administration provider Xpress Super to expand its SMSF offering. Read More

ASIC bans two advisers

The corporate regulator has announced two adviser bans including a permanent ban for an adviser who dishonestly obtained... Read More

Superannuation tax changes ‘almost guaranteed’ to be in budget

With Minister Stephen Jones making moves to bed down the objective for super, changes to superannuation tax concessions ... Read More

Final QAR report fails to address limited AFSL issue

Accountants and the IPA have voiced concerns that the problems with the limited financial advice model have not been ade... Read More

CA ANZ calls for ABN changes to be delayed till 2026

Proposed changes to the ABN system should be delayed till 2026 to allow SMSFs sufficient time to get their tax returns u... Read More

Indexation of the transfer balance cap

As the law stands, we will see an increase in the general transfer balance cap. Any strategies linked to this should con... Read More


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