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Levy rejects claims QAR is creating two-tiered system, says advice is a continuum
Miranda Brownlee
According to Ms Levy, it is “non-sensical and stupid” to suggest super funds shouldn’t be able to give members personal advice.
According to Ms Levy, it is “non-sensical and stupid” to suggest super funds shouldn’t be able to give members personal advice.
The government should provide CGT relief for those impacted by the $3 million threshold to prevent capital gains being taxed retrospectively
The accounting body has raised concerns about potential distortions that could flow from the proposed $3 million threshold for super balance
While delaying pensions to access the full transfer balance cap indexation sounds attractive, mathematical modelling shows it’s not always
The SMSF Association says it will continue to push for an alternative advice model for accountants despite the lack of traction on the issue
FPA and AFA are officially progressing with their planned merger.
The Prime Minister has announced that the government will look to reduce superannuation tax concessions for individuals with balances above
The government has confirmed it will be moving ahead with the two-year amnesty for legacy pensions, according to the SMSF Association.
A recent case handed down by the Supreme Court of Victoria offers some important lessons on lost SMSF trust deeds.
Michelle Levy has raised the issue of Minister Jones’ intention to subject her final QAR report to a stress test, once again.
The ATO is urging super members to check for lost or unclaimed super, with one in four currently holding multiple super accounts.
The ATO is seeing an increase in the number of corporate trustees becoming deregistered due to the late payment of the ASIC annual review fe
The ATO has warned SMSF trustees against using undated documents requesting the payment of their benefits in the case of terminal illness or
Around 100,000 SMSF directors still need to apply for their director ID despite the deadline passing two months ago.
After being found to have advised clients to purchase property through their superannuation, an unlicensed individual has been prohibited fr
Concessional and non-concessional contribution caps are set to stay at $27,500 and $110,000 following the release of the AWOTE figure.
The ATO says it does not intend to extend PCG 2020/5 for another year and will wait to see what changes the government legislates.
Minister Jones has looked to assure the SMSF sector that Labor is “not singling the sector out for attack” as the government hints at in
Finance bodies warn taxpayers they may trigger huge penalties under non-arm’s length provisions and urge the government to change course.
Financial advisers should prioritise low-cost digital advice solutions in order to capture the expanding crowd of unadvised SMSF investors,
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