News

Investments

Capital-raising relief measures punish SMSFs

Capital-raising relief SMSFs

The capital-raising COVID-19 relief measures implemented by ASIC and the ASX have advantaged large institutional investors and penalised SMSF and retail shareholders, the SMSF Association says.

read more
Strategy, Superannuation

Control is driver for fund set-ups

Control SMSF establishment

A new survey has confirmed control over retirement income investments is the chief reason for the establishment of SMSFs.

read more
Accounting, Financial Planning, Superannuation, Tax

Advice use could inject $600b into economy

advice economic boost

Widespread use of professional financial, superannuation, tax and accounting advice could provide billions in economic benefits to the nation, according to new research.

read more
ATO, Documentation

Asset valuation breaches spike

Asset valuation breaches SMSF

Compliance breaches regarding the valuation of SMSF assets have risen significantly over the past few years, the ATO has revealed.

read more
Administration, Superannuation

SMSF study clears up cost misconceptions

SMSF cost research

The latest research into the running costs of SMSFs has cleared up the common misconception SMSFs are an expensive option compared to APRA-regulated funds, a technical expert says.

read more
Documentation, Strategy

Members must track contributions

smsf trustees contributions

SMSF members must track their ongoing contributions to ensure they can fully use bring-forward measures without creating an unexpected excess contribution.

read more
Education

Kaplan winds up flagship education offering

Kaplan DFP

Kaplan Professional has confirmed its Diploma and Advanced Diploma of Financial Planning will no longer be offered going forward.

read more
ATO, Superannuation

Accounts deadline for ATO only

SMSF financial accounts ATO

A proposed deadline for the finalisation of SMSF accounts will only increase the penalties the ATO can apply and do nothing for SMSFs, industry bodies have claimed.

read more
Superannuation

Small SMSFs develop rapidly

low balances SMSFs

The latest industry research has shown SMSFs with low balances grow to levels allowing them to become cost-efficient very quickly.

read more
ASIC

Court action over SMSF advice EU

accountant SMSF advice

ASIC has returned to court to force an accountant to comply with the terms of an enforceable undertaking relating to a banning for SMSF advice.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.