Super reforms could worsen consumer outcomes
Miranda Brownlee
The government is playing a dangerous game by attempting to impose arbitrary benchmarks on super fund performance through new reforms, a pan
The government is playing a dangerous game by attempting to impose arbitrary benchmarks on super fund performance through new reforms, a pan
SMSF professionals should consider the potential for the contribution caps and transfer balance cap to be indexed next year when advising cl
While the electronic execution of documents has some obvious benefits, it is important that SMSF professionals and clients pay close attenti
The Administrative Appeals Tribunal (AAT) has affirmed ASIC’s decision to ban an adviser for five years for failing to meet the best inter
With Joe Biden set to become the 46th President of the United States, a prominent US tax lawyer has outlined some of the tax implications fo
The broader intent of the FASEA Code of Ethics is at odds with guidance around its application, which seems to restrict personal advice to w
For SMSFs planning to acquire a property through their SMSF via a related party loan and refinance with a commercial lender straight after s
AustralianSuper CEO Ian Silk believes the Your Future, Your Super reforms contain a number of oversights and that the government needs to
After previously suspending its auditor review programs due to the impact of COVID-19, the ATO has announced it will start undertaking audit
The SMSF Association has called on FASEA to amend the written standards in the Code of Ethics with the strict wording of the standards and t
The ATO has shed further light on its stance on a common outsourcing arrangement in the SMSF industry in relation to the auditor independenc
Where advisers are rectifying compliance issues for clients involving advice they provided, advisers should contact their PI insurer where t
In light of FASEA’s latest draft ethics code, advisers have been warned that simply following the seven safe harbour steps in the Corporat
The release of FASEA’s latest guidance around its Code of Ethics has done nothing to quell industry concern and confusion around the appli
A former Victorian adviser has been convicted, in what is the first criminal prosecution for attempts at artificially meeting the minimum sp
The Senate Economics Legislation Committee has recommended that the six-member SMSF bill be passed, despite concerns from Labor that it may
The ATO has announced that it will aim to include an additional reporting requirement for monitoring auditor independence as part of the SMS
While disqualification may not seem like a significant consequence for trustees who want to wind up their fund anyway, SMSF professionals an
With the independence standards expected to see a rise in Part A qualifications for audits for the 2020–21 income year, the ATO has provid
The ATO has provided details on what services will be available for individuals submitting applications for the early release of super measu
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