Beware of using SMSFs to fund retirement property purchases
Sarah Kendell
SMSF trustees hoping to use their self-managed fund to finance retirement plans such as running holiday accommodation are likely to run into
SMSF trustees hoping to use their self-managed fund to finance retirement plans such as running holiday accommodation are likely to run into
The theory that freezing the super guarantee would free up business capital to provide better wage rises for employees has been debunked by
The Australian Financial Complaints Authority has renewed its support for a compensation scheme of last resort for victims of financial misc
The ATO will roll out field visits to tax professionals from next week as it looks to respond to calls for assistance in the transition to m
New SMSFs that were granted an ABN before the end of the 2019 financial year but had no assets in their fund could find themselves caught be
The SMSF sector could be used as a case study for the government’s retirement income review due to the effectiveness with which trustees a
The Financial Adviser Standards and Ethics Authority has registered a new legislative instrument updating its approved list of bachelor degr
Retirees do not feel adequately supported by the current retirement income system, leaving the door open for the government’s retirement r
Following delays to its implementation late last year, the ATO’s new text message alert service for SMSF trustees has launched this week.
ASIC has permanently banned a financial adviser from the industry after she allegedly misappropriated funds within her clients’ SMSFs.
The transition from AUSkey to myGovID has been far from smooth-sailing, with credential set-up issues to concerns over security continuing t
The Financial Planning Association of Australia has remained cautious of the adviser impact of new draft legislation from the government imp
Legal document provider Topdocs has launched a new integration with software platform BGL, enabling users to set up and create a new SMSF wi
The Australian Financial Complaints Authority is taking an active interest in the issue of SMSF investment strategy quality, which could be
The Australian Taxation Office has issued a renewed warning to Australians about the potential ramifications of illegal early release of sup
The SMSF Association has awarded three industry training providers as its first accredited educators, meaning their programs will all be aut
The Self-managed Independent Superannuation Funds Association (SISFA) has warned that further special regulatory treatment for accountants g
A fundamental knowledge gap is continuing to trip property investors up, leading to simple mistakes and heaping pressure on tax agents, the
Over 14,000 employers are set to come forward under the proposed SG amnesty, paying out a total of $230 million in unpaid superannuation to
One of the key aims of the government’s forthcoming review of the retirement income system should be to develop an official objective for
As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of Fintech Business.
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