News

Business News

Licensees warned on ex-Dover advisers

The Australian Securities and Investments Commission (ASIC) has issued a warning to all licensees that may seek to authorise ex-Dover advisers after it announced on Friday the financial advice firm will shut down.

read more
Superannuation

SMSF exit strategies

We all know SMSFs are the fastest-growing sector of the super industry and this trend is likely to continue.

read more
Business News

Hub24 launches portfolio management tool

Adviser platform Hub24 has introduced a portfolio management tool that allows portfolio managers to adjust their managed portfolios to respond to market conditions.

read more
ATO

Looming 30 June deadline raises issues

SMSF trustees and advisers must be cognisant of several issues this year when lodging their 2016/17 annual returns, the SMSF Association has warned.

read more
Superannuation

Lump sum payments jump: report

The latest industry survey has found a reverse trend occurring in the first quarter of the year, with a spike in the allocation of lump sum payments versus pension payments as a result of the new super changes.

read more
Accounting

Accountants lagging in SMSF lodgements

Accountants are 10 per cent behind on their SMSF annual return lodgements compared to the end of May last year, despite a deadline extension, according to Class Super.

read more
Auditing

Treasury reveals new triennial audit details

Close up of Parliament House Coat of Arms

The federal government’s proposed policy to let well-run SMSFs switch to a three-year audit cycle could include an option for qualifying funds to elect to remain on annual audits and the introduction of a transitional period, an accounting body has revealed.

read more
Business News

Planners, accountants miss opportunity so far

Looking through a keyhole towards a person standing on grassy green hills

The latest industry research has shown financial planners and accountants have in the main not been able to use the growth of the SMSF sector over the past 10 years to their advantage.

read more
ETFs

Diversification, low rates lure SMSFs to ETFs

SMSFs are using exchange-traded funds (ETF) to address diversification issues in their investment portfolios, which continue to be overweight Australian shares, according to online investment adviser Stockspot.

read more
Auditing

Triennial audits will boost auditor exits

The proposed three-yearly audit for SMSFs will shrink auditor numbers, forcing many to leave the industry as practitioners will simply not be able to manage the smaller volume of work over a longer cycle, an SMSF audit specialist has warned.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.