News

Investments, Platforms

OpenInvest adds to board

Susan Allen is the latest appointment to OpenInvest’s board of directors.

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Administration, ATO

ATO improves online facilities

Practitioners providing administrative and compliance services for SMSF clients now have a better online facility with which to lodge transfer balance account reports and access transfer balance account information.

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Commercial Property, LRBA

LRBAs should be retained for commercial property

Cranes on top of unfinished buildings

LRBAs should be retained for commercial property investments, which have exhibited few of the issues associated with residential property, according to a specialist lender.

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Accounting

Double reporting a growing issue in TBAR regime

Issues such as double reporting have surfaced in the initial stages of the TBAR regime, according to a legal firm specialising in SMSF advice.

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Appointments, Superannuation

Ripoll joins SMSF Association board

Bernie Ripoll has joined the board of the SMSF Association stepping up from a previous role within the organisation.

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Superannuation, Tax

Franking credit refunds enhancing risk

Franking credit refunds discourage diversification in SMSF investment strategies, putting retirement savings at risk, according to a Labor MP.

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Retirement, Strategy

Retirees not achieving financial security

Man seeking financial security lost in maze raising arms in frustration

Financial security and peace of mind rank as key concerns for retirees, with no identifiable solutions to these issues, a recent study has shown.

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Accounting, Superannuation, Tax

CAANZ welcomes commitment to no new super taxes

A leading accounting body has welcomed the commitment by both major political parties to not add new super taxes, but has asked for more policy details.

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Retirement, Superannuation

Ongoing contributions best for closing super gender gap

Ongoing super contributions are the better way to close the super gender gap than increased savings later in life, according to new research.

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Investments, Property

DomaCom hits $50m in FUM

A 20 per cent increase in inflows has seen fractional property investment manager DomaCom surpass $50 million in funds under management.

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