Articles by Malavika Santhebennur

Financial Planning, Regulation

Interim report questions key advice concerns

tax impact; franking credits

The royal commission into banking, superannuation and financial services has identified greed and the “pursuit of short term profit at the expense of basic standards of honesty” as the reasons for the misconduct, and highlighted several issues for the financial advice sector.

read more
ATO, Regulation, Superannuation

Super reforms slowing SMSF growth

The growth in the number of SMSFs has slowed, particularly in the past 12 months, as the sector bears the brunt of the super reforms announced in the 2016 federal budget.

read more
Accounting, Strategy

SMSF exit plans a sleeper issue

Accountants and advisers who have clients with real business premises in their SMSFs should consider restructuring the premises before the death of members to ensure a smooth SMSF exit plan, according to an industry consultant.

read more
Property

AMP exits SMSF property lending

Financial services giant AMP has joined the big four banks in discontinuing SMSF property lending.

read more
ETFs, Investments

Positive market prompts low diversification

Australia will need to experience a fluctuating market and volatility for SMSFs to construct diversified portfolios, despite the current high use of exchange-traded funds (ETF), according to iShares.

read more
Estate Planning

Will key when paying super benefits into estate

Paying superannuation death benefits into an estate provides flexibility from the limitations of super law, but it is vital for the will to cater to this scenario, a lawyer has warned.

read more
ATO, Business News

Aussiegolfa legal battle concludes

Federal Court proceedings to consider the application of super legislation to allow investment in the DomaCom fund by an SMSF where a related party is the tenant in an underlying property have come to a close.

read more
Management

SMSFs rank control over performance

People in SMSFs pay little heed to the performance of their fund and prioritise control, and this is reflected in the composition of their portfolios, according to Bell Direct.

read more
Accounting, ATO, Regulation

TBAR requirements overwhelm accountants

There is a genuine sense many practices are not ready for the ongoing transfer balance account reporting (TBAR) requirements post 1 July 2018, according to an SMSF expert.

read more
ASIC, Investments

ASIC cracks whip on crypto-assets

The Australian Securities and Investments Commission (ASIC) has moved to act against misleading initial coin offerings and crypto-asset funds targeting retail investors.

read more

Copyright © SMS Magazine 2024

ABN 43 564 725 109

Benchmark Media

Site design Red Cloud Digital