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News
SMSF member balances see strong 5-year growth
21 February 2023
•
Hits: 165
Recent ATO statistics show that the median SMSF member balance grew by almost a third in the five years to 30 June 2021....
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News
Advice firm convicted of hawking breaches
21 February 2023
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Hits: 180
National Advice Solutions has been convicted of hawking in relation to superannuation roll over calls.
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News
ATO statistics show consolidation of SMSF audit industry
20 February 2023
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Hits: 377
The number of auditors performing SMSF audits for the 2020–21 income year dropped by 757, according to recent ATO stat...
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News
Class order for SMSF auditors due to expire in April
20 February 2023
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Hits: 302
ASIC says CO 12/1687 on competency standards for SMSF auditors is unnecessary and has proposed allowing the class order ...
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News
Draft super objective to ‘protect super from interference’
20 February 2023
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Hits: 542
Superannuation bodies have welcomed the government’s draft objective for superannuation, stating it will provide equit...
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News
Abood explains limitations to FPA’s support of QAR
20 February 2023
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Hits: 175
The FPA says that while it broadly supports the Quality of Advice Review (QAR), there are areas that require further exa...
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News
Netwealth profits bolstered by platform revenue boost
16 February 2023
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Hits: 275
An 18 per cent increase in platform revenue has helped deliver growth in the super and investments solutions provider’...
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News
Advisers can capitalise on burgeoning demand among women: Netwealth
16 February 2023
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Hits: 189
Women are increasingly open to seeking professional financial advice, providing the wealth industry with new growth oppo...
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News
QOA proposal risks turning funds into ‘simple savings accounts’
14 February 2023
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Hits: 240
Deducting advice fees from super funds risks undermining the system, a co-founder of financial services institution has ...
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News
Wealth management platform partners with Xpress Super
13 February 2023
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Hits: 374
Selfwealth has partnered with SMSF administration provider Xpress Super to expand its SMSF offering.
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News
ASIC bans two advisers
13 February 2023
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Hits: 428
The corporate regulator has announced two adviser bans including a permanent ban for an adviser who dishonestly obtained...
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News
Superannuation tax changes ‘almost guaranteed’ to be in budget
10 February 2023
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Hits: 1257
With Minister Stephen Jones making moves to bed down the objective for super, changes to superannuation tax concessions ...
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News
Final QAR report fails to address limited AFSL issue
10 February 2023
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Hits: 338
Accountants and the IPA have voiced concerns that the problems with the limited financial advice model have not been ade...
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News
CA ANZ calls for ABN changes to be delayed till 2026
10 February 2023
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Hits: 278
Proposed changes to the ABN system should be delayed till 2026 to allow SMSFs sufficient time to get their tax returns u...
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Strategy
Indexation of the transfer balance cap
10 February 2023
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Hits: 816
As the law stands, we will see an increase in the general transfer balance cap. Any strategies linked to this should con...
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