Articles by Tia Thomas

ASIC shuts firm over SMSF investments

November 4, 2021

ASIC has moved to shut down an unlicensed financial services business it claims misused funds from SMSFs for its own benefit.

read more

Aged Care

Aged-care program added to advice course

November 4, 2021

Tia Thomas

Deakin University has partnered with Aged Care Steps to offer students professional experience while still earning credits towards their degree.

read more

Superannuation

Don’t dismiss DDO just yet

November 3, 2021

Tia Thomas

SMSF practitioners and service providers may consider disregarding Design and Distribution Obligations (DDO), but a legal expert has advised funds may fall under those requirements.

read more

Documentation

E-signatures not applicable for all documents

November 2, 2021

Tia Thomas

Despite government moves to allow the use of electronic signatures, their application in the SMSF space will still be fairly limited.

read more

ATO, Superannuation

SuperStream advice needs full licence

November 1, 2021

Tia Thomas

The ATO’s SuperStream rollover service will require any related advice to be provided by a licensed practitioner due to requirements to be aware of the types of products involved.

read more

Estate Planning

Estate planning rules not universal

October 28, 2021

Tia Thomas

SMSF trustees should not adopt rules for superannuation estate planning without checking whether they actually apply to their fund.

read more

Succession Planning

Create early access for EPOA

October 27, 2021

Tia Thomas

Introducing an enduring power of attorney into an SMSF early could minimise complications after the trustee loses mental capacity.

read more

Superannuation

Attorney appointments should not be delayed

October 26, 2021

Tia Thomas

An enduring power of attorney could be invalid if there is a significant time difference between the proposed start date for the role and the date of its acceptance.

read more

Business News