News

Strategy

Undervalued asset classes overlooked

SMSF investors should consider undertaking research to understand undervalued individual asset classes rather than trying to find specific underpriced stocks to shave off risk.

read more
Compliance

Advisers unaware of downsizer issues

Many advisers are not across the traps of strategies using the downsizer contribution measure, with SMSFs needing to be particularly careful, a specialist software provider has warned.

read more
Compliance

Appoint new trustees to deregistered companies

Alternative recourse is available to SMSFs when the company acting as the fund’s corporate trustee has been deregistered, with the appointment of new corporate trustees an option, according to a law firm.

read more
Accounting

Accountants must bullet-proof business

An upward-pointing arrow graph on a chalkboard.

Accountants need to take action to ensure their practices are able to cope with the “rising tide” of industry challenges, an industry executive has warned.

read more
Management

SMSFs parked in subpar savings accounts, TDs

A recent analysis of 37 savings accounts and 29 term deposits available to SMSFs has found the difference in unconditional savings interest rates offered by banks can be as high as 2.10 per cent, meaning SMSFs are losing out on thousands of dollars in interest savings every year.

read more
Business News

SMSFA tips continued positive ATO partnership

&

The SMSF Association is looking forward to continuing its successful strategic partnership with the ATO following the announcement Kasey Macfarlane is moving on from her role as the tax office’s SMSF segment assistant commissioner. 

read more
Accounting

Accountants can’t ignore FASEA repercussions

Accounting firms must ensure their financial planner partners, referral arrangements and in-house advisers will meet the Financial Adviser Standards and Ethics Authority (FASEA) requirements, and also consider the wider impact of the incoming education framework.

read more
Compliance

Draft law unclear on LRBA additional finance

Man looks at a document through a magnifying glass

The draft legislation outlining how limited recourse borrowing arrangements (LRBA) will impact on total superannuation balances does not provide clarity on what will happen if an SMSF member requires additional finance under the refinancing of current LRBAs.

read more
LICs

L1 Capital launches LIC

Wealth management firm L1 Capital today opened the initial public offering (IPO) for its new listed investment company (LIC), the L1 Long Short Fund Limited.

read more
Estate Planning

SMSFs delay estate planning until incapacity

A man and a woman read a map.

SMSF trustees are postponing their estate planning until they experience loss of capacity, by which time it might be too late, according to Australian Unity.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.