Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 312 results for "SMSF association"

Advisers may be caught by new AML/CTF reforms: Expert

MATTHEW WAI  |  FRIDAY, 21 NOV 2025
... conducting a rebalance on a wrap platform on a client's behalf could also fall under the new order. The FAAA and SMSF Association strongly oppose it, but Derham said the industry will need to wait and see the new developments of the reform to gain ...

Majority of SMSF establishments based on bad advice: ASIC

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
... the ability to make a complaint about the fund or its trustees to AFCA," he added. In response to the report, SMSF Association chief executive Peter Burgess said the "findings are not representative of the broader quality of SMSF advice currently being ...

CSLR a 'shared responsibility' for all AFCA members: SMSFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
Responding to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR), the SMSF Association (SMSFA) agrees the most efficient and equitable way to fund the special levy is to spread it across all Australian Financial Complaints Authority ...

Firms rebuffing AFCA determinations should be named: FAAA, professional bodies

KARREN VERGARA  |  TUESDAY, 17 JUN 2025
... AFCA determination. Along with the Chartered Accountants ANZ, CPA Australia, Institute of Public Accountants and SMSF Association, the FAAA expressed concerns that failure to "pay AFCA determinations and the resultant impact on the Compensation Scheme ...

MP says Coalition will 'fight to the death' over $3m super tax

MATTHEW WAI  |  WEDNESDAY, 4 JUN 2025
... subsequently confirmed that all politicians will be subject to the tax. Other industry parties, including the SMSF Association have previously slammed the taxing of unrealised gains and the lack of indexation of the threshold. However, the Association ...

Patience urged over 'shortsighted' super tax

ELIZA BAVIN  |  FRIDAY, 16 MAY 2025
The SMSF Association (SMSFA) is repeating calls for the government to address "catastrophic" flaws in its proposed superannuation tax. SMSFA chief executive Peter Burgess said the critical flaw in the proposed tax is its calculation of investment earnings ...

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... haven't changed our approach to it," he said. The super industry has been pushing against the policy with the SMSF Association (SMSFA) saying the tax on unrealised gains "punished aspiration". "Let's be clear: taxing someone on paper gains they haven't ...

Reducing super tax cap to $2m 'a concern': FAAA

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
... do there to get rid of unnecessary red tape." De-regulation has been a sticking point for the industry, with SMSF Association (SMSFA) chief executive Peter Burgess agreeing that the complexity behind the DBFO reforms undermines the core policy objectives. ...

Industry bodies call for delay to Payday Super

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... Financial Advice Association of Australia, Institute of Certified Bookkeepers, Institute of Public Accountants, SMSF Association and The Tax Institute. While legislation is yet to be enacted, Payday Super is slated for 1 July 2026 and designed to ensure ...

Webull launches SMSF account offering

ANDREW MCKEAN  |  MONDAY, 14 APR 2025
... SMSFs with balances under $500,000 tend to underperform industry and retail funds after expenses and tax. The SMSF Association, however, which commissioned research from the University of Adelaide, begged to differ. Its research found that SMSFs with ...