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Jones says experience pathway to go before parliament by mid-2023

Stephen Jones has promised to have the provisions for the implementation of the experience pathway ready for legislation ... READ MORE

SMSF Alliance developing documentation tool in response to ASIC guidan ...

SMSF services provider SMSF Alliance has announced plans to launch a documentation tool which will help licensees and ad ... READ MORE

SMSFA welcomes removal of $500k SMSF threshold

The SMSF Association has welcomed ASIC’s updated guidance on SMSF advice. READ MORE

Accounting industry gives cautious thumbs up to final s100A ruling

It could be “like having the ATO at the kitchen table” according to CA ANZ, but most find TR 2022/4 a “significant ... READ MORE

1 in 5 funds fail to adhere to ASIC’s dispute resolution guidelines

ASIC is targeting super trustees that failed to respond to a significant portion of their complaints in a timely m ... READ MORE

Joint associations support annual review to repeal redundant provision ...

A recommendation by the ALRC to establish an ongoing program to identify and remove redundant provisions has the support ... READ MORE

Eighth rate rise an opportunity for trustees to review LRBAs

With December bringing yet another rate rise, this may prompt SMSF trustees to seek out loan products with lower interes ... READ MORE

Strategy risks flagged with ‘member benefit’ payments before death

While requesting the payment of benefits out of a fund shortly before a  member’s death may save on tax, this strateg ... READ MORE

ATO drops final ruling on changes s100A

The decision comes after accountants had to rely on basic guidance for 30 June deadlines. READ MORE

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