Articles by Darin Tyson-Chan

Pensions, Regulation

Govt revamps Pension Loans Scheme

pension loans scheme

The Pension Loans Scheme has received a makeover that includes a name change and a reduction in the applicable interest rate.

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ATO

Education focus for ID regime

ATO director identification

The interim period for the new director identification number regime will see the ATO concentrate on education in situations of non-compliance.

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ATO

Director ID application rejection rare

Director identification rejection

The ATO has acknowledged instances of applications for a director identification number being rejected are likely to be very rare.

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ATO

Rollover management now needed

SuperStream SMSFs rollovers

The requirement for SMSFs to use the SuperStream system to process member rollovers has made prudent fund management more critical.

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Superannuation

DIN storage, access a concern

DIN SMSF security

The lack of detail regarding the security protocols that will be applied to director identification numbers is causing some angst in the SMSF sector.

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ATO

ATO attempts to improve SuperStream operation

SuperStream ATO

Superannuation trustees have been provided with more information by the ATO to address some of the common issues with SuperStream.

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Strategy, Technology

Investment strategy software of value

SMSF investment strategy

Accountants not satisfied with their current SMSF investment strategy template should consider using software developed specifically for this task.

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ETFs, Technology

Trading platform improves functionality

JAAIMS Trading platform

A group of ETFs and improved functionality have now been included on the Jaaims online trading platform.

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ATO, Superannuation

Mobile app main director ID avenue

SMSF DIN app

SMSF trustees requiring a director identification number will have to apply for one using the myGovID app on their mobile device.

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Superannuation

Elder abuse risk higher now

elder abuse SMSF

The reliance on virtual meetings as a result of coronavirus lockdowns has led to elder abuse risk increasing among mature SMSF clients.

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