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Showing 51 - 60 of 153 results for %22Peter Burgess%22

SPAA raises alarm on draft SMSF rules

ALEX DUNNIN  |  WEDNESDAY, 20 MAR 2013
... party rules for SMSFs are open to abuse. But SMSF Professionals' Association of Australia (SPAA) technical director, Peter Burgess, said, "The decision for the legislation to change the requirement from 'must not intentionally acquire an asset from a ...

Industry urged to understand changes to transfer rules

BEN COLLINS  |  THURSDAY, 14 FEB 2013
... session of the SMSF Professionals' Association of Australia (SPAA) national conference, SPAA technical director Peter Burgess reminded delegates that this year it would become harder for clients (with SMSFs) to transfer listed assets they hold personally ...

Broken 'contribs law' needs fixing: SPAA

BEN COLLINS  |  THURSDAY, 14 FEB 2013
... Speaking at SMSF Professionals' Association of Australia's ( SPAA) conference in Melbourne, SPAA technical director Peter Burgess said the system needs to be reformed. He cites recent cases where people in self managed super funds were charged a 93% ...

Understand borrowing laws warns ATO

BEN COLLINS  |  THURSDAY, 22 NOV 2012
... before embarking on this strategy; it's very much a case of look before you leap," said SPAA technical director Peter Burgess. He stressed though that it's not all bad, and used in the right way there can be considerable benefits from borrowing within ...

Market anxiety shrouds SMSF appetite for equities

MARK SMITH  |  WEDNESDAY, 14 NOV 2012
... super members have largely been moved into higher risk assets because professionals recognise the true value there." Peter Burgess, technical director at the SMSF Professionals' Association of Australia (SPAA) agrees that the global financial crisis ...

Super concession cuts ignite SMSF debate

MELANIE TIMBRELL  |  MONDAY, 10 SEP 2012
... relation to how assets and investments are held for tax and capital gains tax reasons. SPAA national technical director Peter Burgess said that although the specific legislative concession for real property in super exists for SMSFs and small APRA funds ...

Govt targets early release schemes; defers SMSF transfer ban

MELANIE TIMBRELL  |  MONDAY, 16 JUL 2012
... securities from a related party without breaching the general prohibition on acquiring assets from a related party," said Peter Burgess, SPAA's technical director. "For SMSFs, the amendment would most likely restrict the exemption available under section ...

Streamlined SMSF software creates adviser revenue stream

BEN COLLINS  |  WEDNESDAY, 4 JUL 2012
... penalised very heavily." There are several programs on the market that enable an easy flow of client information, said Peter Burgess, technical director, Self Managed Super fund Association of Australia. "The software development out there enables that ...

SMSF Trustees want compensation: SPAA

BEN COLLINS  |  THURSDAY, 21 JUN 2012
... compensation should be borne by the sector that is responsible for that theft or fraud," said SPAA technical director Peter Burgess. Burgess said that a punitive levy should be imposed on the professional communities where the buck stops, to form a pool ...

Trio investor secures damages from adviser

BEN COLLINS  |  FRIDAY, 8 JUN 2012
... trustees and self managed super fund investors potentially have other options in the advent of theft or fraud," said Peter Burgess, technical director, SMSF Professionals' Association of Australia Limited (SPAA). "What we've seen in the press is one ...