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Showing 121 - 130 of 138 results for "Early access"

TRIS creates confusion: Partners

COMPANY RELEASE  |  TUESDAY, 12 MAY 2009
The introduction of Transition to Retirement Income Streams (TRIS) created more "early access" traps, according to Partners Superannuation Services. The implementation of tax-free benefits means those over 60 years of age and withdrawing a pension no ...

ATO relays transitional rules concerns

MICHAEL HOBBS  |  FRIDAY, 17 APR 2009
... Professionals' Association of Australia (SPAA) conference where D'Ascenzo, said the tax office is targeting illegal early access to retirement savings and stepping up its compliance activities.

ATO targets early access and in-house rules

MICHAEL HOBBS  |  THURSDAY, 12 MAR 2009
The Australian Tax Office (ATO) is targeting illegal early access to retirement savings and stepping up its compliance activities to ensure self managed super fund (SMSF) trustees don't break the law. Speaking at the SMSF Professionals' Association ...

ASIC cracks down on Hafoka

MEDIA RELEASE  |  WEDNESDAY, 11 MAR 2009
... These funds were rolled over from 56 complying superannuation funds. Kassongo then allegedly used the KSF to obtain early access to these benefits by withdrawing and distributing the funds to the superannuants and agents engaged by him to assist in the ...

More donations to help Bushfire Appeal

MICHELLE BALTAZAR  |  FRIDAY, 13 FEB 2009
... Elia. Credit Unions across the country have set up a bushfire relief fund and are relaxing their policies around the early access of term deposits. ATM provider Cuscal is collecting staff donations which will be added to funds already collected by the ...

SMSF trustee fails sole purpose test

RUTH LIEW  |  WEDNESDAY, 12 NOV 2008
SMSF trustee Gerard Karl Little has been charged by ASIC for failing the sole purpose test after he obtained early access to funds and pocketed $685,000 in commissions. Little, of Castlecrag, New South Wales, appeared in the Downing Centre Local Court ...

SMSF trustee faces criminal charges

RUTH LIEW  |  WEDNESDAY, 6 AUG 2008
... of KSF. These funds were rolled over from 56 complying superannuation funds. Kassongo allegedly used KSF to obtain early access to these benefits by withdrawing and distributing the funds to the superannuants and agents engaged by him to assist in the ...

Super trustee faces ASIC probe

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
... services business between 2006 and 2007 known as the 'F. Solofuti Superannuation Fund' which offered individuals early access to their superannuation. The fund was predominantly made up of members from Pacific Island communities in south west Sydney ...

Syncsoft reboots with Microsoft

... solutions," said Page. Co-founder and chief system designer Brett Christie said, "It was such a stroke of luck gaining such early access to the next generation Microsoft technologies. We already had some good ideas but couldn't see how they could be ...

Regulators clamp down on illegal super schemes

... people's entire superannuation savings," said Tanzer. ATO's deputy tax commissioner Raelene Vivian explained that early access can be granted in certain circumstances but that people don't need to use a promoter."The service is free...trustees can apply ...