News

Superannuation

Industry funds coming after SMSFs

Predictions the SMSF sector will experience an increasing number of attacks from industry funds have continued.

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Education

FASEA updates historical program standard

FASEA has updated the legislative instrument related to older education programs, including the FPA’s CFP designation.

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LRBA, Superannuation

LRBAs not creating systemic risk

The use of LRBAs was not creating systemic risk in the superannuation or financial system according to research conducted by the ATO and Council of Financial Regulators.

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Management, Practice Management

SMSF practice benchmark tool released

FASEA; education; tool

SMSF practitioners can examine areas of improvement using a new tool unveiled by Smarter SMSF.

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Accounting, Superannuation

Value of services misaligned between accountants, clients

Accountants and their clients are likely to have different views on what services are useful and therefore worth paying for.

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Strategy

Alternate or successor director for an SMSF? – Part two

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DBA Lawyers compares the option of a director nominating an alternate director in contrast to nominating a successor director in an SMSF context to determine which is better.

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ATO, Strategy

ATO highlights professional advisers’ role in compliance

Professional advisers have been recognised by the ATO for their work in ensuring SMSF trustees maintain their obligations.

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Education, Superannuation

SMSF Association revamps trustee education website

The need for greater trustee education has led the SMSF Association to relaunch its consumer-oriented website.

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Investments, Strategy, Superannuation

Default options, inertia key drivers for members

New research from Vanguard has shown the default option in investments and asset allocations is the predominant setting for most super fund members.

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Strategy

Alternate or successor director for an SMSF? – Part one

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DBA Lawyers compares the option of a director nominating an alternate director in contrast to nominating a successor director in an SMSF context to determine which is better.

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