The recent disappearing trick by Her Majesty’s Revenue & Customs (HMR&C) Office in the United Kingdom to chop the list of Qualifying Recognised Overseas Pension Schemes (QROPS) notifications for Australian funds, except for one lonely government superannuation fund as at early July, has resulted in significant pressure being put on the Australian Treasury and relevant politicians to do something about it.

Little had changed in SMSF allocations over the past 12 months, according to statistics from SMSF software specialist BGL.

The director of an accounting firm that has successfully incorporated financial advisory services into its operations has stressed the culture of a particular practice and the associated client proposition should be the two guiding factors for the direction taken under the new accountants’ licensing regime.

Class Super has integrated Lime Actuarial’s offering into its ecosystem, bringing its total actuarial certificate integration partners to five.

The ATO is performing a greater number of SMSF auditor reviews, with a particular focus on practitioners who are providing audit services to a larger number of funds.

AMP SMSF Solutions would remain focused on its strategy of organic and acquisitive growth for the remainder of the year, following a recent business purchase and an addition to its SMSF product suite.

It is imperative for accountants looking to continue providing services to their SMSF clients under the new licensing regime to recognise the situations where a statement of advice (SOA) will be required, according to an industry expert.

AMP SMSF Solutions (AMP SMSF) has today announced it wholly acquired SMSF administration business Justsuper, in a move that further expands its SMSF operations. Justsuper will continue to operate under its own brand name and with its existing team of employees, with no disruption to clients. It has more than 1000 funds under administration. AMP […]

SMSF trustees were very confident their retirement income goals would be met, according to a new report from the SMSF Association and nabtrade.