News : Technology

ATO, Technology

ATO adds verification step to transfers

The ATO has added an extra verification step for people seeking to transfer superannuation via its online services.

The ATO has added an extra verification step for people seeking to transfer superannuation via its online services.

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ASIC, Technology

ASIC calls for cyber resilience focus

The regulator is calling on licensees and company directors to have appropriate cybersecurity processes in place given the increased AI threat.

The regulator is calling on licensees and company directors to have appropriate cybersecurity processes in place given the increased AI threat.

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ATO, Technology

Improve tax agent portal communications

Greater transparency and better communications with tax agents are key areas of improvement that should be made to the ATO's online service portal.

Greater transparency and better communications with tax agents are key areas of improvement that should be made to the ATO’s online service portal.

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financial advice, Technology

Digital tools a path to broader advice

New research has highlighted the role digital advice is playing as an avenue for consumers to seek wider professional financial guidance.

New research has highlighted the role digital advice is playing as an avenue for consumers to seek wider professional financial guidance.

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Documentation, Technology

Electronic signing not for all documents

While the majority of SMSF documents can be approved via applications such as Docusign, there is one important exception to this practice.

While the majority of SMSF documents can be approved via applications such as Docusign, there is one important exception to this practice.

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Auditing, Technology

Getting AI use in SMSF audits right

The increasing incorporation of artificial intelligence in SMSF audit processes requires stronger guidelines to ensure sector integrity.

The increasing incorporation of artificial intelligence in SMSF audit processes requires stronger guidelines to ensure sector integrity.

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Administration, Technology

Cloudoffis developing new AI tool

A sector stakeholder is currently developing a new tool to assist practitioners with SMSF compliance using artificial intelligence.

A sector stakeholder is currently developing a new tool to assist practitioners with SMSF compliance using artificial intelligence.

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ATO, Technology

ATO app updated to prevent scam calls

The ATO has taken additional steps to prevent scam callers impersonating it, making a verification service available via its taxpayer app.

The ATO has taken additional steps to prevent scam callers impersonating it, making a verification service available via its taxpayer app.

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Technology

Smarter SMSF launches AI tool

Smarter SMSF has released an AI-based tool giving practitioners access to the information it has accumulated to date.

Smarter SMSF has released an AI-based tool giving practitioners access to the information it has accumulated to date.

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Technology

AI use needed with proper safeguards

Good technical knowledge has to be complemented with technology to properly service SMSF clients, but the associated risks require attention.

Good technical knowledge has to be complemented with technology to properly service SMSF clients, but the associated risks require attention.

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