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ASIC confirms SMSF negative returns

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
The Australian Securities and Investment Commission has told the House of Representatives Standing Committee on Economics that SMSF's below $200,000 have a negative return on assets.

SMSFA slams limited licensing

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
The peak body for the self-managed super sector is calling for the end of limited licensing for professionals dealing with SMSFs.

ATO issue SMSF scam warning

ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
The Australian Tax Office has issued a warning against promoters of illegal self-managed superannuation schemes.

ASIC zeroes in on SMSF auditors

HARRISON WORLEY  |  WEDNESDAY, 6 NOV 2019
ASIC has taken action against three SMSF auditors for breaches and deficiencies in their auditing.

SMSF scheme sees creator jailed

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A 51-year-old was found to have unlawfully created, operated and benefitted from a fraudulent self-managed superannuation fund.

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
Latest research shows a significant proportion of Australians with self-managed super funds are set to retire with enough savings to fund lavish retirement lifestyles.

SMSFs not for everybody: ASIC

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
ASIC is warning Australians to consider the appropriateness of self-managed super funds, noting controversial Productivity Commission findings which show the super vehicle is less suitable for low-balance members.

ATO warns of SMSF concentration risk

KRISTI CHENG  |  WEDNESDAY, 14 AUG 2019
The Australian Tax Office is set to contact tens of thousands of SMSFs warning of the risks of being too concentrated.

ASIC moves against SMSF auditor misconduct

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
ASIC has acted against misconduct by SMSF auditors, disqualifying three and imposing conditions on several others.

ATO clarifies SMSF death benefit income streams

KARREN VERGARA  |  MONDAY, 22 JUL 2019
The Australian Tax Office has released a new explanatory note on death benefit income streams, which a self-managed superannuation fund specialist has labelled as "confusing".