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| | | ... (ATO) rules, but the range of non-compliance offenses had tapered. The SMSF research is based on an audit of almost 500 SMSFs across Australia. This is the second time Partners Superannuation Services has conducted the research. The research found areas ... |
| | | | ... impose size restrictions on how much money investors must have before they start a SMSF. Moreover there is even concern that SMSFs could be phased out. The excitement building around SMSF and even regular super fund members being allowed to gear their ... |
| | | | ... involved in SMSF administration for over 25 years, and claims it has played a key role in pioneering online administration for SMSFs in Australia. |
| | | | ... Australia," he said. SMSF specialist and administrator business, Super Concepts, has been involved in fostering more than 30,000 SMSFs across Australia. More than 1,500 direct clients and 1,200 intermediaries use the Super Concepts' administration bu ... |
| | | | A new self managed super fund body, the Self Managed Superannuation Member's Association Ltd, was officially launched yesterday - the latest industry initiative to boost the SMSF sector. Established in August 2007, the association aims to help the SMSF ... |
| | | | Accountants that are advising Self Managed Super Fund (SMSF) clients without the proper license will be penalised accordingly, Louise DuPre, the Australian Securities and Investment Commission (ASIC) adviser said. Speaking at the SMSF Professionals ... |
| | | | ... turning its attention to auditing practices, and will call on new legislation to recognise auditors accredited to work on SMSFs as specialist SMSF auditors. "We're applying for a change in legislation to be added to the register. It will recognise the ... |
| | | | ... responsibilities, and without appreciating the costs involved," he said. "Whilst on all the evidence available the majority of SMSFs operate well, there is a significant minority that may not." Sherry said trustees must ensure they have the appropriate ... |
| | | | ... courses including a Diploma of Lending, a specialist SMSF course that covers the three new government rules that affect SMSFs and more recently, a time-flexible Master of Applied Finance program. More importantly, Jacobson said the talent shortage in ... |
| | | | ... competent, said the ATO. Ian Read, Australian Tax Office acting deputy commissioner of superannuation, said the growth of SMSFs must be backed by a subsequent increase in education. "We are looking at tailoring information to the life cycle of a self ... |
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