News : Administration

Administration

SuperConcepts takes on AET SMSF clients

SuperConcepts Equity Trustees administration services

SuperConcepts has struck the first partnership under its new owner, signing a deal to take on administration services from Equity Trustees’ SMSF clients.

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Administration, Investments, SMSF

Concept of control defined

SMSF trustee control

The concept of control sought by SMSF trustees has been more specifically clarified by the latest research into the sector.

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Administration, Compliance, Management, NALI/NALE, SMSF

AAT overturns NALI interest ruling

NALI interest income AAT

The AAT has ruled interest derived from a complex lending arrangement established by an SMSF trustee was not NALI despite the arrangements being at non-arm’s length.

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Administration, Compliance, Regulation, SMSF, Trusts

Lost deeds undermine trust functions

Lost trust deed

A lost trust deed can bring into question the ability of trustees to carry out their duties and cast doubts over the operations of the trust.

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Administration, Compliance, Regulation, SMSF

Deeds can force member exits

SMSF member exit deed

SMSF members can be forced out of a fund, but only in cases where deeds have been structured to include trigger events requiring their exit.

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Administration, financial advice, Platforms

Hub24 unveils new data feeds

Hub24

Platform provider Hub24 is set to expand the range of features available to its adviser clients, introducing new data feeds and capabilities to its platform.

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Administration, Technology

SuperConcepts cuts staff numbers

SuperConcepts staff

SuperConcepts has made changes to its staff numbers in an effort to reduce the cost base of the business under its new ownership and management team.

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Administration, Compliance, Regulation, SMSF

Ruling clarifies SMSF director-executor pay

SMSF director executor

A recent court ruling has clarified whether an SMSF is legally required to compensate a director when they are appointed as both a director and executor of an SMSF.

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Administration

AMP to sell SuperConcepts

AMP SuperConcepts

AMP has agreed to sell SuperConcepts to a private management group headed by a former CountPlus executive in a cash deal valued at $8 million.

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