Super funds failing three-day transfer requirementBY ELIZABETH MCARTHUR | WEDNESDAY, 24 NOV 2021 12:39PMTrading platform Stake - which has a DIY super offering - has called out some of the largest super funds, saying they are failing to roll over members to its SMSF offering in the required three days. Related News |
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Scammers are targeting SMSF's. Sure the big funds could rely on the ATO's SMSF checks but we saw with the Covid Early Release that the ATO's checks are not up to scratch.
Get the ATO to fix up their controls and the big funds will then trust in the Superstream system.