Time for regulation, says ASIC, as survey finds huge rise in popularity of digital assets but investors motivated by fear of missing out.
New ATO data indicates that there are currently over 138,000 lapsed lodgers with one or more outstanding SMSF returns.
The Federal Court has ordered Squirrel Superannuation Services to pay a $55,000 penalty for false and misleading marketing involving SMSFs a
New rules are in effect, which will see changes to how SMSFs manage transfer balance lodgement.
More than $890 million in assets mean SMSFs account for 26 per cent of all super.
The regulations to extend the 50 per cent temporary reduction in the superannuation drawdown rate have now been registered.
Encouraging digital businesses means a wholesale change to our regulatory system, the government said.
ASIC is currently in the process of reviewing research released last month on SMSF performance and minimum balances and will consider its im
Conservative choice products will be challenged by the Your Future Your Super performance test, with a number of problems and inconsistencie
The SMSF Association has called for the government to simplify the transfer balance cap, with the indexation of the TBC adding significant c
CA ANZ has urged for greater transparency to be established for director ID holders along with providing regular communications channels for
The Australian Law Reform Commission (ALRC) is seeking feedback from the industry on a recent report that argued that laws regulating corp
The corporate regulator has released new guidance for providers of tax (financial) advice services, with changes to the regulation and regis
The implementation of the compensation scheme of last resort (CSLR) needs to take into account the upcoming changes in the advice landscape
The government has released draft regulations for super co-contributions that remake the existing regulations from 2004 and include some mi
The ATO has released further guidance on SuperStream rollovers along with updated tips on how to minimise delays when rolling super to or fr
With the increasing popularity of non-fungible tokens (NFTs), SMSFs potentially holding NFTs will need to be prepared to manage numerous com
With SuperStream Rollovers version 3 now in production, the ATO has provided new tips to help better navigate the rollover process.
With over eight weeks since the implementation of SuperStream, SMSFs are still facing issues around several key processes and steps when m
The ATO has released a range of checklists designed to help trustees manage their SMSF through different stages of the fund.
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