Articles by Tia Thomas

ATO, Superannuation

ATO issues warning to auditors, laggard funds

auditors trustees report

The ATO has issued warnings to SMSF trustees who have failed to comply with SAR deadlines and has discovered auditors are making a common ACR mistake.

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FASEA, Regulation

Opposition slams FASEA as failure

FASEA failure

Labor’s Stephen Jones has said the government’s claim it has regained authority over the functions of FASEA is evidence of its failure and the policies that created it.

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FASEA, Regulation

Govt reclaims authority with FASEA move

Government FASEA transfer

The transfer of the FASEA regime back under government control represents the restoration of parliamentary authority, a senior minister has said.

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ASIC

ASIC seeking conflicted remuneration penalty

conflicted remuneration penalty

ASIC has begun a civil penalty action against an SMSF group over conflicted remuneration payments tied to the recommendation and acquisition of property.

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Financial Planning, Regulation

FPA calls for further adviser rego changes

FPA financial registration

The FPA has welcomed the government’s proposal for a single disciplinary body, but has called for improvements to financial planner registration.

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AFCA

AFCA appoints new chair

AFCA new chair

The Australian Financial Complaints Authority board of directors has appointed its next chair.

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Investments, LICs

New LIC brings emerging, unlisted opportunity

LIC emerging companies

A new listed investment company aims to give investors access to emerging and unlisted companies that have performed strongly in the past year.

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Superannuation

Buried issues in super addressed by budget

The major changes announced in this year’s budget will address lingering issues in the superannuation system and allow people to seize back control over their contributions.

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Residential Property

New peer-to-peer lending facility opens

peer-to-peer property lending

A new Australian peer-to-peer lending facility involving small-to-medium residential properties has emerged for SMSF investors.

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ATO

myGov scam targeting taxpayers

myGov scam

The ATO has warned taxpayers about a new phishing scam involving the myGov portal in the lead up to tax time.

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