Articles by Jason Spits

Financial Planning

Redefine advice by its focus

advice personal circumstances

Government should define financial advice by its focus on an individual’s personal circumstances and not the nature of information provided.

read more
Cryptocurrency

BetaShares launches crypto ETF

betashares cryptocurrency etf

An ETF offering investments in companies servicing the cryptocurrency market will soon be launched on the ASX.

read more
Financial Planning

FSC calls for end to safe harbour, SOAs

safe harbour SOA costs

Replacing statements of advice with simpler documents and removing safe harbour steps would reduce advice costs and time by one-third, the FSC has claimed.

read more
ATO, Superannuation

Independent valuation a cheap insurance policy

Independent asset valuation

SMSFS can avoid expensive asset transfer errors by seeking an independent asset valuation even though it is no longer required in all cases.

read more
Auditing

Decline in auditors not over yet

SMSF auditors number

SMSF auditor numbers are declining and recent changes to independence and fees are likely to drive that trend further.

read more
Regulation

SMSFA joins effort to expand compo scheme

compensation scheme

The SMSF Association has joined a coalition of industry and consumer groups to push for a wider compensation scheme for consumers.

read more
Estate Planning

Legal weight behind BDBN validity exemptions

BDBN validity exemptions

Four separate court cases have now confirmed SMSF BDBNs are not covered by super laws regarding witness numbers and validity periods.

read more
Business News

Zenith sold to UK-based fund data firm

Zenith group sold

Zenith Group and its research house Zenith Investment Partners has been acquired by a UK-based data and research firm.

read more
Contributions, NALI/NALE

Asset transfers hang on final ATO decision

Assets transfer contribution

SMSF members moving assets into their fund as a partial non-concessional contribution should wait until the ATO’s final decision as to whether the move will fall under NALI provisions.

read more
FASEA, Financial Planning

RPL useful for adviser retention

RPL advisers

Greater recognition of prior learning should be used to retain advisers rather than forcing them to choose between quitting or extensive study.

read more

Copyright © SMS Magazine 2024

ABN 43 564 725 109

Benchmark Media

Site design Red Cloud Digital