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Superannuation

Super structure needs fixing

RUTH LIEW  |  MONDAY, 17 MAR 2008
Industry Super Network executive director David Whiteley said any decision the Government takes in the upcoming May budget to increase superannuation contributions needs to be grounded in structural reforms to increase the "efficiency and fairness" of ...

Trust and Equity Trustees in merger talks

ASX-listed trustee services providers, Trust Company and Equity Trustees are in merger talks, potentially creating a company with more than $450 million market cap.

Bluestone cuts back hard

WWW.THESHEET.COM  |  FRIDAY, 14 MAR 2008
Bluestone Group is the latest lender to make big cuts in its lending program in the face of increasingly risk-averse global debt markets.

Uni to offer SMSF degree

MICHAEL HOBBS  |  FRIDAY, 14 MAR 2008
Self Managed Super Fund (SMSF) trustee education will be boosted with plans to develop postgraduate and certificate programs in potentially half a dozen universities around Australia.

ASIC zones in on accountants pushing SMSFs

MICHAEL HOBBS  |  FRIDAY, 14 MAR 2008
Accountants that are advising Self Managed Super Fund (SMSF) clients without the proper license will be penalised accordingly, Louise DuPre, the Australian Securities and Investment Commission (ASIC) adviser said.

Striking a balance on SMSF direct property

MICHAEL HOBBS  |  FRIDAY, 14 MAR 2008
A leading superannuation technical strategist delves deeper into how buying bricks-and-mortar can affect the savings of self-managed super fund (SMSF) trustees as they approach retirement.

SPAA backs specialist audit

MICHAEL HOBBS  |  FRIDAY, 14 MAR 2008
The Self Managed Super Fund (SMSF) Professionals Association of Australia is turning its attention to auditing practices, and will call on new legislation to recognise auditors accredited to work on SMSFs as specialist SMSF auditors.

SMSFs on govt watch

MICHAEL HOBBS  |  THURSDAY, 13 MAR 2008
Speaking at the Self-Managed Super Fund (SMSF) Professional Association of Australia (SPAA) conference, Nick Sherry, minister for superannuation and corporate law, said the government would be keeping a close eye on aggressive marketing campaigns targeting ...

Super trustee faces ASIC probe

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
The Australian Securities and Investments Commission (ASIC) obtained orders by consent in the Supreme Court of New South Wales yesterday against Fenumiai Solofuti of Campbelltown, New South Wales.

Enron Part Two

A visiting US accounting academic has called for a re-design of auditing practices to avoid public company frauds of Enron scale to happen again, in the wake of the sub-prime led market crisis.