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Showing 1 - 10 of 74 results for "SMSFA"

Auditor referral threshold test troubling: SMSFA

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
... Standards Board introduced draft amendments to the APES 110 Code of Ethics for accountants, outlining the threshold. The SMSFA believes if there is a threshold test to apply, it should be 30% in respect of total fees from multiple audit clients referred ...

SMSFA adds to board

ANNABELLE DICKSON  |  WEDNESDAY, 21 JUL 2021
... board. Deborah Ralston and Bryan Ashenden have been appointed as non-executive directors. Ralston previously joined the SMSFA board in 2016 and later in 2018 was appointed chair. She was forced to step down from her position to avoid any perceived conflict ...

SMSFs given small LRBA win

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... capitalised because of COVID-19. This recent announcement by the Australian Tax Office was welcomed by the SMSF Association. SMSFA deputy chief executive and director of policy and education Peter Burgess said the option of capitalising interest in circumstances ...

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... needs project has received over 480 submissions, the majority of which came from financial advisers and accountants. The SMSFA in its response expressed concerns over the costly, lengthy process, as well as the fact that compliance of licensees takes ...

ATO targets SMSF fraud

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
... Office (ATO) is focusing attention on new SMSFs registrations after identifying illegal release of super. Speaking at the SMSFA National Conference assistant commissioner Justin Micale said results of its 'secure front door program' showed new registrations ...

The future of quality advice: SMSFA

ANNABELLE DICKSON  |  THURSDAY, 18 FEB 2021
... ensure the future of a quality financial advice business. Speaking at the Self-managed Superannuation Fund Association (SMSFA) National Conference, Deloitte director of wealth advisory practice Mark Ryan explained reflecting on the lessons of the Royal ...

SMSFs primed for best financial interests duty

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
Self-managed superannuation funds are ahead of the game in terms of meeting the looming best financial interest rules, according to its peak body. SMSF Association deputy chief and director of policy and education Peter Burgess told the association's ...

Legacy pensions score win

KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
... market-linked pension, life expectancy pension and similar products are treated appropriately under the transfer balance cap." SMSFA deputy chief executive and director of policy and education Peter Burgess said the change will be appreciated by a minority ...

SMSFs are cost-effective, deliver for members

KARREN VERGARA  |  MONDAY, 23 NOV 2020
... alternative. The research puts to rest the argument that SMSFs are not competitive on costs compared to APRA-regulated super funds, SMSFA chief executive John Maroney said. The reduction in fees in SMSFs and retail funds while the increase in fees for ...

SMSFA, FSC call for infrastructure investment access

ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
The SMSF Association and the Financial Services Council (FSC) are calling for self-managed super funds to have access to unitised, liquid infrastructure investments as a way of generating economic growth. The two organisations, which represent more ...
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