ASIC probes ex-director of collapsed advice firm
The corporate regulator is investigating the former director of a Gold Coast SMSF advice practice who opened a new advice business three mon
The corporate regulator is investigating the former director of a Gold Coast SMSF advice practice who opened a new advice business three mon
Software firm MyWorkpapers has developed an audit exchange service which enables firms that currently perform in-house audits to exchange au
With recent research indicating that clients with between $200,000 and $500,000 in super are in a grey area in terms of whether an SMSF or A
Larger AFSLs are imposing excessive layers of compliance and restricting SMSF advice due to fears around potential breaches and ASIC penalti
An industry association has told ASIC that its inconsistent approach to issuing policy guidance and undertaking advice reviews is leading to
An industry law firm has warned SMSFs on some of the decisions and issues that can arise with unit trusts which can lead to costly dispute a
With COVID-19 resulting in rising demand but increased hours also for many SMSF firms, a consulting firm has expanded its team as greater nu
The FPA has urged the repeal of the best interest duty safe harbour provisions as part of a move to “principles-based regulation” in the
Auditors who are auditing funds for the partners of an SMSF firm as well as their clients have been warned there may be intimidation or self
With 28 February falling on a Sunday this year, the ATO has reminded SMSF trustees needing to lodge their SMSF annual return by this date th
Both sides of politics have stepped up their attacks in the wake of rumours that the Morrison government is considering opt-in super.
Senator Jane Hume has assured the advice industry that improving access to affordable financial advice remains a priority for the Morrison g
A major accounting body has warned about the interaction between the government’s proposed measures around third-party payments by super f
With divorce rates on the rise following the pandemic, Heffron has outlined some of the complexities that can arise when splitting assets he
The ATO has reminded SMSF trustees that it will issue alerts via email and SMS when certain changes are made to their fund, and urged truste
The Association of Super Funds of Australia (ASFA) believes that the Morrison government should consider the findings of the royal commissio
The reversal of the evidential burden of proof under the government’s best financial interests measure could lead to increased compliance
A proposal which would give workers the choice between a wage rise or an increase in the rate of superannuation guarantee they receive has b
An industry body has stated that it’s not advice regulations themselves, but the combative culture that exists between ASIC and advisers,
With poorly drafted company constitutions resulting in shortcomings, risks and costly legal disputes for SMSF clients, an industry law firm
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