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Showing 21 - 30 of 35 results for %22SMSF Auditor Number%22

ASIC cancels 133 SMSF auditor registrations

KERRIE SYDEE  |  TUESDAY, 23 AUG 2016
... check whether their auditor is registered or whether a person has been disqualified can do so by searching ASIC's SMSF Auditor register.

SMSF trustee fined $40K for SIS breaches

KERRIE SYDEE  |  THURSDAY, 11 AUG 2016
An SMSF trustee was fined $40,000 for 30 separate breaches of the SIS Act and ordered to pay the ATO's costs of $14,000. A trustee of the Felix Super Fund, Michael Rodriguez, was handed the fine after an ATO audit found that Rodriguez was using the ...

SMSFA collaborates for education program

KERRIE SYDEE  |  WEDNESDAY, 20 APR 2016
The SMSF Association has partnered with the University of Adelaide to offer SMSF specialists across a range or professional disciplines an SMSF graduate certificate. The course will offer four subjects: SMSF best practice, understanding SMSF trustees ...

Kaplan and SMSFA launch postgrad qualification

DARREN SNYDER  |  TUESDAY, 22 MAR 2016
... offering with the addition of a graduate certificate in SMSFs. The qualification will be delivered in partnership with the SMSF Association. As part of the qualification, individuals will explore behavioural finance to better understand investment decision-making ...

ASIC acts on 440 SMSF auditors

LAURA MILLAN  |  THURSDAY, 18 DEC 2014
Self-managed super fund (SMSF) auditors who did not undertake or pass a competency exam necessary to retain their registration have seen their registration cancelled by the Australian Securities and Investments Commission (ASIC). ASIC has also disqualified ...

ATO cold calling to test SMSF trustees

LAURA MILLAN  |  FRIDAY, 5 DEC 2014
The Australian Taxation Office is calling self-managed super fund (SMSF) trustees to test their fund knowledge and restricting their ability to operate the fund if they fail. Legal document provider Topdocs said in a technical article that "examples ...

SMSF court case highlights penalty uncertainties

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
The Federal Court's ruling on a case involving two self-managed super fund (SMSF) trustees who used their fund for personal matters has highlighted the uncertainty around penalties. The fund, totaling more than $260k, was used to purchase residential ...

SMSFs get off lightly in FSI interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... report dedicated a short section to SMSFs, in which the main issue was the possible introduction of a threshold below which an SMSF cannot be set up. The report asked for further feedback on this issue, as well as on the question: "To what extent should ...

SMSFs dominating super assets

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
The peak body for SMSFs has welcomed the latest Australian Tax Office statistics which show SMSF assets have grown at twice the rate of total super industry assets in the past five years to June 30 2010. According to the "Self Managed Super Funds: a ...

SMSF sector tackling misconceptions

ELISE BURGESS  |  WEDNESDAY, 7 DEC 2011
... the sector received some clarification around the point. "It is inevitable that we will see more self-managed super funds (SMSF) moving into this space to purchase properties. But there is this fear that it will become out of control and become the main ...