A Perth financial adviser has been handed a five-year prison sentence after being found guilty of stealing more than $1 million from his ...
If an SMSF has breached SIS legislation, the ATO will be looking at a number of factors before it issues a penalty notice, says a leading ...
An exception to Section 17 of the SIS Act can allow SMSFs to remunerate trustees/directors in a related-party building arrangement, says a ...
ASIC approved licensing for an additional 44 SMSF auditors between July 2022 and June 2023.
Unless there is a power to vary included in the terms of a testamentary trust, the only way to change its terms is by way of a court ...
Advisers are being encouraged to “tailor-fit advice” as SMSFs emerge as the vehicle of choice for high-net-worth individuals considering a ...
A financial adviser has urged women in finance to outsource tasks at home so they can focus on their business.
The SMSFA said that although it welcomes the changes to the NALI legislation, a good enough legislative framework for dealing with CGT is ...
There should be a clear priority of death benefit payments in an SMSF trust deed, says a legal expert.
The ATO is reminding SMSFs that they must report certain events that affect a member’s transfer balance account (TBA) quarterly, using ...
Long-awaited changes implementing a cap on the amount of NALI arising from a general NALE has been introduced into Parliament.
There is a special class of investment that SMSFs can hold that won’t trigger the in-house asset provisions, says one of the sector’s most ...
An increase in complex and related-party investments by SMSFs is slowing down the audit process and increasing the risk of SIS compliance ...
Many advisers note that asset allocation is one of the most important decisions they and their clients make. So, what are advisers ...
The drawdown rate for retirees should be increased and the non-concessional contribution cap halved, says a leading retirement investment ...
Members of SMSFs are more likely to enjoy tax-free earnings than those in APRA funds, it was revealed in the latest Class Annual Benchmark ...
A reversionary pension may give an SMSF a greater opportunity for an exempt current pension income, says one of the sector’s most ...
If the SMSF sector is to continue to grow and accelerate, advisers need to be leading the way, said industry leaders.
The objective of super could open the door for the government to use Australia’s $3.5 trillion superannuation savings for nation-building ...
SuperConcepts has appointed a new general manager, quality and technical services as part of its business restructure.
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