News

ATO, Auditing, Compliance, Legislation, Regulation

Responses not indicative of ACR actions

All auditor contravention reports received by the ATO are examined and actioned but the regulator is limited as to the feedback it provides.

All auditor contravention reports received by the ATO are examined and actioned but the regulator is limited as to the feedback it provides.

read more
Compliance, Contributions, Downsizer, Legislation, Regulation, Strategy

Downsizer contributions need proceeds

In order to be able to make a downsizer contribution, SMSF members must actually receive some proceeds from the sale of their existing residence.

In order to be able to make a downsizer contribution, SMSF members must actually receive some proceeds from the sale of their existing residence.

read more
ETFs, Investments

Ten Cap unveils active ETF

Ten Cap will leverage the strategy behind its long-short equity fund into a listed vehicle set to be launched later this month.

Ten Cap will leverage the strategy behind its long-short equity fund into a listed vehicle set to be launched later this month.

read more
financial advice, Financial Planning

CSLR 2026/27 levy up 82 per cent

The initial estimated CSLR levy relating to the 2027 financial year is $137.5 million, with $126.9 million relating to financial advice.

The initial estimated CSLR levy relating to the 2027 financial year is $137.5 million, with $126.9 million relating to financial advice.

read more
SMSF, Tax

Market use no relevance for Merchant

The avenue used for the share transaction in the Merchant case would have made no difference as to whether the arrangement was a Part IVA breach.

The avenue used for the share transaction in the Merchant case would have made no difference as to whether the arrangement was a Part IVA breach.

read more
Compliance, SMSF, Superannuation

More protection needed for SMSF switching

Consumer protections need to be improved for rollovers to SMSFs in the wake of the Shield and First Guardian collapses.

Consumer protections need to be improved for rollovers to SMSFs in the wake of the Shield and First Guardian collapses.

read more
Investments, Platforms

OpenInvest adds new partner, fund manager

OpenInvest has joined with a firm providing investment solutions to trade union and industry fund members, and expanded its fund manager list.

OpenInvest has joined with a firm providing investment solutions to trade union and industry fund members, and expanded its fund manager list.

read more
Death benefits

No need to accept death benefits

Individuals can refuse to accept receipt of a superannuation death benefit if their personal situation is not suitable for them to take the payment.

Individuals can refuse to accept receipt of a superannuation death benefit if their personal situation is not suitable for them to take the payment.

read more
SMSF, Superannuation

SMSFs ideal for minor children

SMSFs are well placed to reduce the costs of holding the super of minor children engaged in part-time and seasonal work.

SMSFs are well placed to reduce the costs of holding the super of minor children engaged in part-time and seasonal work.

read more
Appointments

New SMSF Association board member

A senior sector executive has been appointed to the SMSF Association board as two current members are set to retire later this month.

A senior sector executive has been appointed to the SMSF Association board as two current members are set to retire later this month.

read more

Copyright © SMS Magazine 2026

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.