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Showing 531 - 540 of 2554 results for "SMSF"

ASIC puts SMSF auditors on notice

ANNABELLE DICKSON  |  MONDAY, 21 SEP 2020
The Australian Securities and Investments Commission imposed tougher registration conditions for two SMSF auditors following a slew of misconduct. William Krammer from Victoria and Yuk Wong from New South Wales have breached auditor independence and ...

CountPlus firm makes acquisition

KARREN VERGARA  |  THURSDAY, 17 SEP 2020
... CountPlus's subsidiary AdviceCo will pay $400,000 for accounting revenues of Arch Capital, a boutique wealth advisory firm offering SMSF, tax, accounting and wealth planning advice, founded by Nigel Baker in 2012. AdviceCo will pay 65% of the purchase ...

SMSF claim over Dreamworld deaths hits snag

ELIZABETH MCARTHUR  |  TUESDAY, 15 SEP 2020
... Ardent Leisure on behalf of shareholders in the company. Ingram and Tulloch owned shares in Ardent Leisure through their SMSF and filed a claim in the Federal Court seeking access to key documents in relation to the company's handling of the deaths caused ...

SMSF member increase bill reintroduced

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
The bill to increase the maximum number of self-managed superannuation (SMSF) members from four to six has been reintroduced in the Senate. The bill amends the SIS Act, Corporations Act, ITAA 1997 and Superannuation (Unclaimed Money and Lost Members) ...

Former adviser faces fraud charges

ALLY SELBY  |  MONDAY, 31 AUG 2020
... Diverse to pay off his personal debts and expenses, as well as business expenses for Refocus. "Those funds had been invested by SMSF clients for the purpose of participating in property development activities to generate a return," ASIC said. The matter ...

Sam Henderson pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
... given a statement of advice by Henderson which contained a recommendation that she leave her super fund and establish an SMSF - the recommendation would have seen the client $500,000 worse off. When that client complained to the Financial Planning Association ...

Unmet advice needs increases for SMSF trustees

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
Self-managed superannuation (SMSF) trustees are faced with unmet advice needs as costs and confidence in financial advisers stands in the way. The Vanguard Investment Trends Planner Report revealed a 6% increase in the number of SMSF trustees with unmet ...

ASIC cracks down on 42 SMSF auditors

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... self-managed super fund auditors, while conditions have been imposed on a further six. It comes after ASIC found a number of SMSF auditors had not maintained an appropriate level of audit experience, with all 42 auditors against whom the watchdog acted ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... ACCC is seeing has shifted. In the past, most super scams were around getting people to start a self-managed super fund (SMSF). Once the scammer had convinced their victim to start an SMSF they could then trick them into "investing" the money in a way ...

ATO clarifies part disposal rules: DomaCom

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... DomaCom has received confirmation from the tax office that a part disposal of a home can work for downsizer contributions for SMSF trustees to allow them to stay in their home. The ATO's Administrative Binding Advice confirms that SMSF members are able ...