News

Education, Financial Planning, Regulation

Enforce bridging course if advisers fail exam

Financial advisers and accountants should only be compelled to do bridging courses under the new education reforms if they fail the national financial adviser examination proposed by the standards board, according to an academic.

read more
Compliance, Superannuation

No simplification for personal super contributions

Industry expectations that Treasury would simplify the process by which individuals claim a tax deduction for personal superannuation contributions have not come to fruition.

read more
Investments, Strategy

Bad news veiling agriculture opportunities

Many SMSF investors are unaware of the benefits of diversifying into the agriculture sector due to misconceptions driven by negative farming stories.

read more
Administration, Compliance

Periodic processing creates income leads

SMSF accountants should be moving to a periodic processing model rather than remaining on annual processing as it creates new client opportunities and services that can be charged for.

read more
ETFs, Investments

SMSFs only gaining access to small pool of ETFs

SMSF investors can only get their hands on about 10 per cent of the exchange-traded funds (ETF) available globally, with large gaps in sector and thematic exposures, according to ETF Securities.

read more
Education

FASEA releases exam guidance

The Financial Adviser Standards and Ethics Authority (FASEA) has released proposed guidance on the financial adviser examination, welcoming industry feedback on any aspects of the proposals.

read more
Estate Planning

Being prepared for loss of mental capacity vital

Neglecting to plan ahead to ensure SMSFs can continue if trustees lose their mental capacity can result in catastrophic financial consequences, a lawyer has warned.

read more
Accounting, Appointments

Bowler takes on GM role to plug gaps

Licensing for Accountants founder Kath Bowler has taken on an additional role of general manager for the training and compliance arm of a legal firm, with plans to leverage off the business’s synergies, as well as fill product gaps.

read more
ASIC, Auditing, Compliance

ASIC report at odds with three-year audit cycle

The corporate regulator’s findings into SMSF advice, which revealed in 91 per cent of files reviewed advisers were non-compliant, cast further doubt over the validity of the federal government ‘s proposal for a three-year SMSF audit cycle, according to a financial services executive.

read more
Appointments

SMSFA appoints specialist adviser to board

The SMSF Association has appointed SMSF specialist adviser and Verante Financial Planning financial planner Liam Shorte to its board, replacing Andrew Gale.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.