News

Accounting, ATO, Auditing

ATO to release banned SMSF trustee register

SMSF; review; industry fund

The names of banned SMSF trustees will be made more accessible to advisers and the public via a new register from the ATO.

read more
Compliance, Education, Regulation

FASEA ethics will overrule licensee obligations

Advisers will be required to consider client best interests ahead of licensee obligations when making ethical decisions.

read more
Regulation, Retirement, Superannuation

Fatigue to blame for lack of super objective

Fatigue ultimately defeated the government and super sector’s efforts to enshrine the objective of super in legislation, an industry group head of policy has said.

read more
Education, Regulation

FASEA to help advisers map out education pathways

Advisers will be able to ask FASEA to match their past education with the most suitable education pathway under a new service to be launched by the authority.

read more
Financial Planning, Retirement

Retirement funding models ignoring aged-care costs

With clients living longer, advisers have been urged to consider helping clients fund the cost of care in the later years of retirement.

read more
ATO, Retirement, Superannuation

Definition of contribution remains vague

There is no concrete definition of the term contribution in super law and income tax law, which can be problematic for clients.

read more
Accounting, Administration, Pensions

Legacy pensions require further attention

SMSF administrators and actuarial experts say they still see legacy pensions, such as defined benefit pensions, in SMSFs.

read more
Regulation, Retirement, Superannuation

PM labels franking credit proposal as theft

review: superannuation; retirement

The Prime Minister has pushed back on Labor’s franking credit proposal, branding it as theft and an unfair tax grab.

read more
Education, Regulation

Industry body revamps specialist adviser program

&

The SMSF Association has announced changes to its specialist adviser program to ensure it corresponds with FASEA guidelines.

read more
Superannuation

SMSF Association highlights PC cost change as win

To kick-off the SMSF Association’s national conference today, its chair highlighted a number of advocacy wins for the industry body.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.