Articles by Darin Tyson-Chan

Compliance, Legislation, Regulation, Superannuation

Bankruptcy disqualifies trusteeship

SMSF trustees who have been declared bankrupt are required to relinquish any involvement in their superannuation fund.

SMSF trustees who have been declared bankrupt are required to relinquish any involvement in their superannuation fund.

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Property, SMSF

Some commercial use does not mean BRP

An element of commercial use relating to an SMSF real estate asset does not mean it will automatically be considered business real property.

An element of commercial use relating to an SMSF real estate asset does not mean it will automatically be considered business real property.

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Contributions

myGov needs catch-up contributions check

Super fund members should not completely rely on the myGov concessional contributions data if the carry-forward rules have been used.

Super fund members should not completely rely on the myGov concessional contributions data if the carry-forward rules have been used.

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ASIC, Auditing

Auditor number drop was expected

The dramatic reduction in SMSF auditor numbers over the past 10 years is not as worrying for the sector as it appears at face value.

The dramatic reduction in SMSF auditor numbers over the past 10 years is not as worrying for the sector as it appears at face value.

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Administration, Contributions, In-house assets, Strategy

More pressure on fund administrators

The information needs of advisers and trustees is placing more pressure on SMSF admin providers to deliver real-time data.

The information needs of advisers and trustees is placing more pressure on SMSF admin providers to deliver real-time data.

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Technology

Smarter SMSF launches AI tool

Smarter SMSF has released an AI-based tool giving practitioners access to the information it has accumulated to date.

Smarter SMSF has released an AI-based tool giving practitioners access to the information it has accumulated to date.

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ASIC, Investments

Managed account review has SMSF weight

ASIC has commenced its review into the managed accounts sector, with the regulator noting it has direct relevance for SMSFs.

ASIC has commenced its review into the managed accounts sector, with the regulator noting it has direct relevance for SMSFs.

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financial advice, Financial Planning, SMSF

Two key factors impacting set-up trend

Technology and an industry framework that is obsolete are key factors as to why individuals are establishing SMSFs without financial advice.

Technology and an industry framework that is obsolete are key factors as to why individuals are establishing SMSFs without financial advice.

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SMSFA

Outstanding members recognised

The SMSF Association has recognised excellence and outstanding service in the sector with the presentation of member awards covering four categories.

The SMSF Association has recognised excellence and outstanding service in the sector with the presentation of member awards covering four categories.

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