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Showing 21 - 30 of 95 results for "SMSF Advice"

Accountant banned for bad SMSF advice

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... SMSFs without considering their personal circumstances during her time as a representative of former AMP subsidiary, SMSF Advice. The corporate regulator also found Thorne "hadn't properly considered her clients' existing superannuation arrangements," ...

Superannuation reforms splits opinion: Spot poll

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... the workforce. The Commission's decision to follow the SMSF Association's recommendations to opt for higher SMSF advice standards and reject the minimum balance approach as the better option for ensuring the integrity and sustainability of the ...

Minimum SMSF balance misleading: SuperConcepts

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... Commission's recommendation that only those with recognised specialist qualifications should be permitted to provide SMSF advice. "This measure will enhance the compliance aspects of a fund and reduce inadvertent breaches due to lack of understanding ...

Specialist SMSF advisers need only apply

JAMIE WILLIAMSON  |  THURSDAY, 10 JAN 2019
The final report calls for additional requirements that financial advisers must comply with before they provide SMSF advice. The Productivity Commission is again calling for specialist training for those financial advisers wishing to advise on SMSFs ...

Knowledge, action gap puts SMSF savings at risk: Research

JAMIE WILLIAMSON  |  MONDAY, 19 NOV 2018
... Association chief executive John Maroney said regulatory instability will always be difficult to navigate but specialist SMSF advice can help. "There really should be no barriers today for SMSFs to be run cost-effectively and to mitigate against market ...

Easton buys SMSF service provider

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
Easton Investments has acquired a company which authorises accountants to provide SMSF advice services. The SMSF Expert has a limited AFSL and runs a subscription-based model, providing dealer services including compliance, training, technical support ...

Former Westpac adviser ban upheld

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... recourse borrowing arrangements to fund the purchase of real property. ASIC's investigation found Atkins provided SMSF advice to clients that involved setting up and using limited recourse borrowing arrangements to fund the purchase of real property. ...

SMSFA addresses policy hurdles

HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
... system." "Apart from the Royal Commission hearings, we've had the Productivity Commission draft report, the ASIC SMSF advice report, budget recommendations on SMSF audits, and the FASEA reforms, to name but a few of the major challenges that are ...

SMSFs: Low balance, low satisfaction

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
... establishing an SMSF into the spotlight. In July 2015, ASIC released guidance for AFSLs and financial advisers providing SMSF advice, highlighting that in many cases a recommendation for a retail client to set up an SMSF with a starting balance of $200,000 ...

ASIC bans Queensland adviser, suspends licence

KANIKA SOOD  |  FRIDAY, 20 JUL 2018
... identified Cribb's conduct from his client files included in the representative sample of its 2017 research project into SMSF advice for retail clients. At the time, Cribb worked was an authorised representative of Axis. He was the sole keyperson and ...