News

Accounting

Loan scheme to support accounting students

fee-help CAANZ

CAANZ has been approved to offer the Fee-Help loan scheme to accounting students which should attract new talent to the profession.

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Pensions

Death pensions go beyond TBC focus

Reversionary pension TBC

The effect a reversionary pension has on a personal TBC is not the only element SMSF trustees should examine on the death of a member.

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Auditing

Auditors should question related-party status

auditors related party

Auditors should check if third parties linked to an SMSF are a related party, but funds can clarify this by mapping out these arrangements.

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financial advice

New advisory body name released

FPA AFA new name

The new name for the industry body that will result from the proposed merger between the FPA and AFA has been announced.

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Cryptocurrency

Govt to advance crypto regulation

cryptocurrency regulation

The regulation of cryptocurrency is about to be improved with the government implementing a three-pronged approach to achieve this objective.

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financial advice

Former FPA, AFA leaders back merger

FPA AFA merger

Former chief executives and heads of the boards of the FPA and AFA have urged members to back the proposed merger of the two advice bodies.

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Auditing

Current lease a key audit document

current lease SMSF audit

SMSF trustees and auditors should be seeing a current lease arrangement each year where a related-party property holding is in the fund.

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Superannuation

Make quick changes for users’ benefit

super changes

Short-term changes to the superannuation system should aim to complete some unfinished initiatives, while driving end benefits to consumers.

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financial advice

JAWG outlines desired advice review response

JAWG advice review response

A collective of industry bodies has called on the government to ensure its response to the Quality of Advice Review includes some specific elements.

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Appointments

BDM returns to Class

Class Goldsmith

SMSF administration software service provider Class has appointed David Goldsmith to the position of business development manager.

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