Delivering one source of information for multiple users was a continual challenge confronting organisations providing automated SMSF audit services, according to an auditing software firm.

Accountants should be formally managing the advice demands of their clients as part of their offering, regardless of whether or not they choose to become licensed.

Ben Anderson provides a snapshot of the domestic residential property market’s current situation

SMSF trustees are showing a strong appetite for direct property education and information about tax outcomes, portfolio construction and benefits, according to Charter Hall.

Auditors have raised concerns over their ability to properly fulfil the required professional obligations when auditing an SMSF without holding an Australian financial services licence (AFSL).

Smithink founder David Smith has been appointed chair of FPT Wealth.

Education about crowdfunding investments will be the catalyst for a sustainable market, particularly around limitations on amounts and an emphasis on diversification.

In order to deliver a first-class experience to SMSF clients, accountants need to examine an array of issues regarding their business and its future strategy, and then assess the pros and cons.

SMSF trustees can ensure better protection of their retirement savings upon the death of a member by including clauses in the fund’s trust deed designed to facilitate a desired outcome. Trustees could achieve that through the inclusion of powers in the deed limiting the distribution of benefits upon the death of a member to individuals […]