News

Business News

Technical manager achieves milestone

Heffron Leigh Mansell

Heffron has recognised the 20th anniversary of the recruitment of one of its key personnel noting she has become a significant force in the SMSF industry.

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FASEA

FASEA adds to approved courses list

FASEA approved degrees

Additional degrees have been approved by the Financial Adviser Standards and Ethics Authority that will allow financial advisers to meet their mandatory education requirements from 2021.

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Accounting, Auditing

Cheap audits lack expertise

Cheap SMSF audits

Expertise and reliability are crucial when choosing an SMSF audit service and the decision should not be based on price alone, a specialist auditor says.

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Strategy

Recontributions ease legal risk

Recontributions strategy

A specialist adviser has suggested employing a withdrawal and recontribution strategy can help SMSF trustees lower their legislative risk.

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Strategy, Succession Planning

Trust structures key to succession planning

SMSF succession planning

The correct wording of a corporate trustee constitution for SMSFs is essential to compensate for gaps in legislation around the succession of a trustee director.

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Education, FASEA

Another 1000 advisers sit FASEA exam

FASEA exam

The last FASEA exam for 2020 has resulted in a pass rate of about 75 per cent, a figure below the average across all exams.

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Business News

Merry Christmas

The team at selfmanagedsuper would like to wish all of the publication’s readers a very Merry Christmas and a happy, healthy and prosperous New Year. We would also like to take this opportunity to thank all of you for supporting the title throughout what has been a very difficult year in 2020. Today’s newsletter marks […]

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Pensions

MYEFO offers legacy pension fix

legacy pension fix

A potential solution for situations where a new market-linked pension gives rise to a transfer balance cap breach has been included in the government’s Mid-Year Economic and Fiscal Outlook.

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ASIC

La Trobe rejects ASIC advertising action

La Trobe ASIC action

ASIC has commenced court action regarding advertising by La Trobe Financial Asset Management, with the manager rejecting allegations it was misleading.

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Appointments

SuperConcepts appoints interim CEO

SuperConcepts interim CEO

SuperConcepts has appointed an interim CEO to replace outgoing chief executive Lara Bourguignon.

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