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

Search Results

Showing 41 - 50 of 312 results for "SMSF trustees"

SISFA relaunches membership to SMSF trustees

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
... Independent Superannuation Funds Association (SISFA) has redesigned and is relaunching its membership offering for SMSF trustees. SISFA said through existing communication channels and those of new associated partners and sponsors, up to 200,000 SMSF ...

Trustee behaviour in a COVID-19 world

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... they assist in the illegal early release of super. Under the government's ERS scheme, a number of key issues face SMSF trustees and navigating those issues can be complex, as the ATO releases new information day by day. Interestingly, there is no hard ...

SMSFs in flashback to 2008

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... the weekend, Pinnell's wish had been granted. The government's stimulus package included measures to help SMSF trustees cope with the fallout of COVID-19. In 2008 the minimum percentage withdrawal for the 2008-09, 2009-10, 2010-11 financial years ...

SMSF Association chair gets new gig

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... to grow and mature, while dealing with both new challenges and opportunities. "It's more important than ever that SMSF trustees have access to independent professionals for whom SMSF is their core business, such as Heffron." He added that Heffron has ...

SMSF Association reaffirms ATO partnership

ELIZABETH MCARTHUR  |  MONDAY, 24 FEB 2020
... organisations feel it's been very helpful in our relationship. We've been able to use it to benefit our members and SMSF trustees more broadly," Maroney said. "As a concrete example of what this means, the ATO will offer secondment arrangements whereby ...

ATO cracks down on SMSFs

ELIZABETH MCARTHUR  |  FRIDAY, 21 FEB 2020
... the conference, ATO assistant commissioner - SMSF Segment Dana Fleming said that in the financial year so far, 95 SMSF trustees have been directed to educate by the ATO, whereas in 2018-19 only 45 were and in 2017-18 just 32. Similarly, the ATO gave ...

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... Maroney said. "Dealing with regulatory change and uncertainty is commonly cited as the number one area of concern for SMSF trustees and advisers. The association believes that a successful retirement income system requires superannuation to be simpli ...

SMSF data misleading: BGL

ALLY SELBY  |  FRIDAY, 31 JAN 2020
... administrator BGL Corporate Solutions has called out ASIC over a "misleading" fact sheet it published and distributed to SMSF trustees last year. It comes after SMSF Association chief John Maroney slammed the regulator over the data used in the same ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
SMSF Association chief executive John Maroney has slammed ASIC for a fact sheet published and distributed to SMSF trustees last year. During a speech at a Pritchitt Partners event in Sydney, the SMSFA chief also took aim at FASEA and the ATO. Maroney ...

ASIC confirms SMSF negative returns

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
... associated with low-balance SMSFs, encouraging a higher level of diversification. Last year, the ATO wrote to over 17,000 SMSF trustees warning them their SMSF did not meet diversification requirements.