Articles by Jason Spits

Compliance, Documentation

Govt launches director ID campaign

director ID campaign

The government will run an awareness campaign to ensure company directors have applied for a director ID number before the end of next month.

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Annuity, Pensions

Pension, annuity innovation stalled

Pension annuity innovation

Innovations in retirement savings have focused on the accumulation phase leading retirees to lack confidence in pension and annuity products.

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Auditing

Govt proposes auditor fee changes

SMSF auditor fees

The cost of being registered as an SMSF auditor will increase, but those looking to exit will be able to do so at a much lower cost.

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Accounting

SuperConcepts updates software offering

SuperConcepts updates

SuperConcepts has released an update to its SuperMate Classic software platform improving functions across a number of key areas.

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Superannuation

Top service providers awarded

SMSF Service Provider Awards 2022 - article image

The leading SMSF service providers have been named in the sector’s longest-running awards presented by selfmanagedsuper and research house CoreData.

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financial advice

Reminder to check status of advice providers

SMSF trustees have been reminded to check the status of any advice provider they use in the establishment and running of their fund.

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Estate Planning

Separate SMSFs useful to address distortion

separate SMSFs

Separate SMSFs can be a useful estate planning tool where the financial relationships between parties have been distorted over time.

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Documentation

Print amended deeds regardless of length

amended SMSF deeds

The production of deeds should be no respecter of paper, with an SMSF legal expert urging the use of new paper deeds for every update and change.

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Accounting, financial advice

Limited licence adviser numbers drop sharply

accountants limited licence

The number of accountants operating under a limited licence has more than halved in the past year compared to peers under a full licence model.

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Property

Timing key in business real property status

business real property

The status of business real property in an SMSF hinges on from whom it is acquired and who makes use of it when owned by the fund.

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