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ASIC slaps ban on unlicensed individual

After being found to have advised clients to purchase property through their superannuation, an unlicensed individual ha... Read More

Super must move to sustainable basis, says Minister Jones

Minister Jones has looked to assure the SMSF sector that Labor is “not singling the sector out for attack” as the go... Read More

No plans to extend NALI compliance relief, says ATO

The ATO says it does not intend to extend PCG 2020/5 for another year and will wait to see what changes the government l... Read More
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Contribution caps to stay the same for 2023–24 year

Concessional and non-concessional contribution caps are set to stay at $27,500 and $110,000 following the release of the... Read More

Government to make moves on residency rule reforms this year

The government has confirmed that will be proceeding with both sets of rule changes for residency rules for SMSFs and wi... Read More

SMSF market ripe for digital advice

Financial advisers should prioritise low-cost digital advice solutions in order to capture the expanding crowd of unadvi... Read More

Positive outlook for growth of SMSF sector

With greater numbers of young, highly engaged super members looking to access greater control by way of an SMSF, the out... Read More

NALE proposals set to drive up SMSF audit costs

Treasury’s proposals for amending the non-arm’s length expense rules do nothing to alleviate red tape for SMSF audit... Read More

HUB24 unveils SMSF product for younger members

Financial services provider HUB24 has developed a new SMSF services package aimed at younger, advised Australians lookin... Read More

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
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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
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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
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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

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