News

Residential Property

SMSFs not a property market mover

SMSFs investing in residential housing have not been a market mover in the property sector, and this portrayal was just one example of how the SMSF sector is being “unfairly targeted”, according to the SMSF Association.

read more
Succession Planning

Start business succession dialogue ASAP

Advisers and accountants should commence conversations about business succession much earlier in the cycle in order to implement and execute the transition and their wishes as intended.

read more
ATO

ATO compliance action penalties for SMSFs

&

This article looks at the actions and penalties the ATO can impose on trustees of SMSFs. In 2014, a new regime added the following compliance powers to the ATO’s arsenal.

read more
Business News

Inaugural chair appointed to AFCA

The federal government will appoint former Howard government cabinet minister Helen Coonan as the inaugural chair of the Australian Financial Complaints Authority (AFCA).

read more
Regulation

Set education bridging courses in stone: FPA

A man stands before a large rock.

The Financial Planning Association (FPA) is urging the Financial Adviser Standards and Ethics Authority (FASEA) to provide certainty on bridging courses under the new education framework before the consultation period closes on 29 June.

read more
Investments

Investors begin exploring offshore options

Australian investors are expected to continue reducing their cash and property exposures this year in order to include offshore investment opportunities in their portfolios, according to Citi Australia.

read more
Auditing

ASIC disqualifies NSW SMSF auditor

The Australian Securities and Investments Commission (ASIC) has disqualified a New South Wales SMSF auditor for breaching fundamental independence requirements.

read more
Accounting

Segregating in SMSFs after 1 July 2017

The post-1 July 2017 world of segregation will certainly create some new challenges. Perhaps most importantly it will be vital that accountants know whether the members have money in other superannuation funds before assuming a fund can ever be segregated.

read more
Regulation

TPB defines inadequate outsourcing risks

The Tax Practitioners Board (TPB) has warned registered tax practitioners that inadequate procedures and policies in relation to their outsourcing or offshoring arrangements could breach its Code of Professional Conduct.

read more
Investments

Inflation, market volatility set to reappear

Financial advisers should prepare for the return of inflation and market volatility in 2018 as cyclical forces gain the upper hand over structural trends, according to investment manager Vanguard.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.