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Showing 61 - 70 of 122 results for "SMSFA"

Trustee behaviour in a COVID-19 world

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... guidelines on what will be considered illegal, as the ATO said it will be determined by trustee "behaviour". Speaking to SMSFA head of technical Peter Hogan, ATO director of SMSF client engagement Steve Keating outlined the punishments trustees will ...

FPA launches new ROA solution template

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
... who have been inundated with requests for advice, following the strong demand for early super access. The FPA along with SMSFA, CA ANZ, CPA and IPA made the ROA template available to help members quickly and efficiently provide advice to their clients ...

SMSFs granted annual return extension

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... welcomed the decision and said it is evidence that the ATO is taking a flexible approach to issues during the COVID-19 crisis. SMSFA chief executive John Maroney said the association has been working constructively with the ATO to find solutions for ...

SMSF Association reaffirms ATO partnership

ELIZABETH MCARTHUR  |  MONDAY, 24 FEB 2020
... The ATO and SMSF Association have extended their strategic partnership that enables ATO employees to be seconded to the SMSFA to gain greater understanding of the SMSF sector. ATO deputy commissioner of superannuation James O'Halloran joined SMSF Association ...

Art, rare coins cause issues for SMSFs

ELIZABETH MCARTHUR  |  THURSDAY, 20 FEB 2020
At the SMSFA Conference a question around rare coins and artworks held in an SMSF sparked serious compliance concerns. Super Sphere director Belinda Aisbett, Elite Super director Katrina Fletcher and ATO director Kellie Grant hosted a discussion panel ...

Former SMSFA chair returns to role

HARRISON WORLEY  |  WEDNESDAY, 19 FEB 2020
A former chair of the SMSF Association has returned for another stint in the top job. Andrew Hamilton has been appointed chair of the SMSF Association, taking on the role from the end of the association's 2020 conference, which kicked off on the Gold ...

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... Association used its submission to label self-managed super funds the "pioneer group" for the retirement income system; with SMSFA chief executive John Maroney convinced SMSFs can help the review focus its efforts on the retirement phase. Maroney pointed ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... 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 said the figures used in ASIC's SMSF report were of great concern. "We ...

SMSFA slams limited licensing

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... phased out in favour of a customer-centric framework designed to raise standards and close gaps in advice. According to SMSFA chief executive John Maroney, the limited licensing system is "defunct" and requires an overhaul to raise standards and close ...

Ralston dumps director roles

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
... appointment on the retirement income review panel, Deborah Ralston has formally stepped down from the SMSF Association (SMSFA) and Alliance for a Fairer Retirement System. Previously the chair of the SMSFA and Alliance for a Fairer Retirement System ...