Articles by Darin Tyson-Chan

SMSF wind-up seldom compulsory

January 17, 2022

An SMSF wind-up is only compulsory in one situation, even though some trustee circumstances may appear to dictate this course of action is necessary.

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ATO

Fund Lookup processes need review

January 13, 2022

Darin Tyson-Chan

The efficiency and accuracy of the Super Fund Lookup system can be improved by streamlining the internal processes currently involved.

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ATO, Documentation

Director IDs not for public reference

January 12, 2022

Darin Tyson-Chan

Director identification numbers will not be made available to the greater public through the Australian Business Registry Service.

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Compliance

TMD compliance burden surfaces

January 11, 2022

Darin Tyson-Chan

Advisers are already experiencing additional compliance obligations brought about by the target market determination requirement under the new DDO rules.

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Pensions

Advisers prioritise legacy pensions

January 10, 2022

Darin Tyson-Chan

Addressing problems arising from legacy pensions has been identified as an area advisers will be treating as a major priority in 2022.

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Superannuation

Timing the biggest wind-up issue

December 23, 2021

Darin Tyson-Chan

SMSF wind-ups require a significant period of time to be allocated to them to allow for actions such as the disposal of fund assets.

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Business News

Merry Christmas

December 23, 2021

Darin Tyson-Chan

The team at selfmanagedsuper would like to wish all of our readers a very Merry Christmas and a happy, healthy and prosperous New Year.

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ASIC

Mayfair 101 Group hit with $30m fine

December 22, 2021

Darin Tyson-Chan

Mayfair 101 Group has had a $30 million penalty imposed upon it by the Federal Court for making false or misleading claims in its product advertising.

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Contributions