The Australian equities market is capable of generating small capital gains along with some yield income for investors in 2015, according to an investment specialist. “Having a surprise rate cut, the potential for another rate cut on the way, we have better prospects for capital return in the equity market in Australia,” Platypus Asset Management […]

A financial services firm has warned business owners against holding buy/sell cover inside an SMSF in order to receive a tax deduction for the associated insurance premiums.

The SMSF Association has announced it will be making a new accreditation available for its members in 2015.

The Australian Securities and Investments Commission (ASIC) is expecting the number of SMSF auditors completing the mandatory registration process to increase steadily over the coming few years.

Parliamentary Joint Committee (PJC) on Corporations and Financial Services chair Senator David Fawcett has thrown his support behind the concept of an SMSF profession.

The ATO has affirmed the SMSF auditor registration requirement is already making a difference in improving the quality of audits in the industry, particularly through the elimination of practitioners who were servicing a very small number of funds.

The SMSF Association’s 2015 federal budget submission has called on the government to provide a more equitable superannuation system through continuing the Low Income Superannuation Contribution Scheme and raising the concessional contributions cap.

The increasing costs of providing SMSF administration is a concern needing to be addressed in the coming years, according to a specialist service provider in the space.

The ATO has new powers, called Superannuation Guarantee Estimates (SGE), designed to protect the retirement savings entitlements of workers where a company is on the verge of liquidation.