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Search ResultsShowing 1 - 10 of 64 results for "SMSFA"
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 ...
ATO data heaps pressure on ASIC's SMSF fact sheet
HARRISON WORLEY  |  MONDAY, 22 JUN 2020
... took issue with some of the figures that ASIC included in the fact sheet because they were unbalanced and inappropriate," SMSFA chief executive John Maroney said at the time. "The average expense figure represented a questionable use of ATO statistics ...
SMSFs to weather the storm
ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... withdraw $10,000 only to put the money back in and claim a tax deduction on the amount. Franco Morelli, policy manager at the SMSFA, said the taxation office has made it abundantly clear that will not be tolerated. "Anyone who applies for the ERS scheme ...
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 ...
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