New draft SuperStream regulations ‘overkill’ for SMSFs
Miranda Brownlee
The extension of SuperStream to SMSF rollovers is a positive move for SMSFs, but applying the new rules to any fund that receives a contribu
News
Latest News
More banks ditch their SMSF loans offering
Four different lenders have now confirmed they will exit the SMSF lending space in the past week, with a further two banks announcing they w
Important tax time decision flagged for SMSF insurance
Instead of claiming tax deductions for life insurance premiums, SMSFs may want to claim a deduction for the future liability to pay death or
Former SuperGuardian boss resurfaces at advisory group
The former chief executive of SuperGuardian, Xpress Super and PortfolioGuardian has taken up a new role at an accounting, wealth management
SMSF auditor loses appeal after major breaches
The Administrative Appeals Tribunal has affirmed a decision by ASIC to disqualify an SMSF auditor for auditing the funds of her immediate f
Major bank scraps all SMSF loans
Westpac confirmed it is scrapping all SMSF loans, after announcing last week its subsidiary St George would exit the market.
Fresh tips for incapacity issues for SMSF professionals
Failure to help SMSF clients plan for mental incapacity could see their fund up end up in the wrong hands or them facing “catastrophic tax
New litigation case sees SMSF auditor responsible for losses
A decision by the NSW Court of Appeal which held an SMSF auditor responsible for losses incurred by an SMSF indicates that SMSF auditors are
SMSF sector feels the pinch of new, compounding costs
Shifting demographics, regulatory changes and ASIC’s new funding model will force many SMSF firms to review the structure of their pricing
St.George Bank set to exit SMSF loans
One of the larger SMSF loan providers, St.George Bank, has confirmed plans to cease offering new property loans to SMSFs.
What do you plan to do in response to the new adviser education standards?
SUBSCRIBE TO THE
SMSF ADVISER BULLETIN
Get the latest news and opinions delivered to your inbox each morning
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