The latest issue of Financial Standard now available as an e-newspaper
|The House of Representatives Standing Committee on Economics has scrutinised ASIC over its SMSF fact sheet in a public hearing reviewing the 2019 ASIC Annual Report, and questioned why ASIC appears to hold itself to a different standard than those it ...|
|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.|
|Vanguard has launched a self-managed super fund capability within its Personal Investor offering.|
|The Australian Taxation Office has announced new accounting requirements for SMSFs, which will come into effect 1 July 2021.|
|New ATO data has brought ASIC's SMSF expense fact sheet under renewed pressure.|
|The Australian Taxation Office has shared its concerns about a growing number of SMSFs purchasing and investing in the development of real property.|
|While hundreds of thousands of Australians remove tens of millions from their superannuation accounts, SMSFs are holding their own.|
|The Tax Practitioners Board has found 74 tax practitioners to be engaging in "concerning behaviour", including using fraudulent SMSF Auditor Numbers (SANs).|
|COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test.|
|Self-managed Independent Superannuation Funds Association (SISFA) has redesigned and is relaunching its membership offering for SMSF trustees.|
The September financial adviser exam pass rate was stable at 60% but continues to fall below the overall pass rate of 88.5%.
The House of Representatives Standing Committee on Tax and Revenue has released a report aimed at overhauling Australia's corporate bond market.
Future Fund's latest portfolio update shows the sovereign wealth fund is just shy of hitting $200 billion.
Share trading platform Superhero will take the $40 million it has raised this year to expand into New Zealand by mid-2022.
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