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Showing 241 - 250 of 326 results for "SIS"

SMSF's need life cover education

BEN COLLINS  |  THURSDAY, 23 AUG 2012
... cost (7%). "Education around insurance within an SMSF is a real value-add for advisers and accountants and the changes to the SIS Act, which require trustees of SMSFs to consider insurance for their members as part of the fund's investment strategy ...

Govt targets early release schemes; defers SMSF transfer ban

MELANIE TIMBRELL  |  MONDAY, 16 JUL 2012
... enforce a ban on these transactions by amending subsection 66(2) of the Superannuation Industry (Supervision) Act 1993 (the SIS Act). "This is the section of the Act that allows fund trustees to acquire listed securities from a related party without ...

Evolv launch new SMSF audit service

LINDA HAUSKEN  |  FRIDAY, 6 JUL 2012
... based audit process changes the way audits have traditionally been performed, allowing our auditors to focus on important SIS issues," said Ron Phipps-Ellis managing director of Evolv. "The super audit space is becoming very competitive in pricing and ...

ATO clarifies borrowing issues for SMSFs

RACHEL DAVIS  |  THURSDAY, 24 MAY 2012
... repairs and improvements to assets. It's also good to see the Commissioner sever the link in the draft ruling between the SIS legislation and income tax ruling TR97/23 on whether particular costs for repairs are treated as capital and income."

Former minister joins Cbus

MELANIE TIMBRELL  |  WEDNESDAY, 4 APR 2012
... budget that culminated in his decision to resign from politics. "As Treasurer, Mr Dawkins was responsible for both the SGC and SIS legislation, which together underpin the modern superannuation system of compulsory contributions as well as industry superannuation ...

APS joins forces with SISS Data Services

RACHEL DAVIS  |  FRIDAY, 30 MAR 2012
Advanced Professional Solutions has teamed up with SISS Data Services, ahead of the release of a new version of its SMSF administration software. Advanced Professional Solutions (APS), provider to the accounting and professional service industries ...

Russell Investments opts out of S&P

CLAIRE MCGREAL  |  MONDAY, 27 FEB 2012
Russell Investment Management has requested the Standard & Poor's ratings on 22 of its funds be withdrawn. It follows S&P Capital IQ' s announcement earlier this month that it would no longer be conducting local funds research and wealth management ...

S&P Capital IQ closes local fund research, wealth services

MELANIE TIMBRELL  |  THURSDAY, 16 FEB 2012
S&P Capital IQ has announced it will focus on institutional clients and no longer conduct local funds research and wealth management services from October this year. In total, 30 jobs are expected to be lost in the move, which will see a concentration ...

SMSFs shift focus to property

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
... marginal rise of 0.8%. The rise may be attributed to the clarification of the limited recourse borrowing rules (section 67A & B, SIS Act) by the Australian Taxation Office in September 2011. Limited recourse borrowing which permits the lender recourse ...

She's becoming right, mate

BENJAMIN ONG  |  MONDAY, 5 DEC 2011
No doubt financial markets are still basking in the afterglow of last week's equity rally - which for many had been the best in more than three years. The S&P 500 index ended the week up 7.4% with the All Ords not that far behind as it posted a 7.1% ...