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Miranda Brownlee

AUTHOR|No. of Articles: 353

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CPA Australia and CA ANZ

State of SMSF advice model needs ‘urgent wholesale review’

Two major accounting bodies have called for further discussion on the comprehensive review around defining the type of a...READ MORE
ABS and ATO

General transfer balance cap set to rise to $1.7m

With the All Groups CPI figure for the December quarter at 117.2, indexation of the general transfer balance cap is set ...READ MORE
SMSF firm wins court appeal

SMSF firm wins court appeal in dispute over sale of client list

The Supreme Court of Western Australia has upheld an appeal initiated by an SMSF advice firm against an estate involving...READ MORE
Mark Ellem

Auditors warned on independence threats with partners of client firms

Auditors who are auditing funds for the partners of an SMSF firm as well as their clients have been warned there may be ...READ MORE
Proposed super measures

Proposed super measures could lead to ‘unacceptable’ NALI breaches

A major accounting body has warned about the interaction between the government’s proposed measures around third-party...READ MORE
Shelley Banton

Pooling arrangements ‘no holy grail’ for auditor independence

SMSF firms planning to enter pooled auditing arrangements have been warned that these arrangements, particularly larger ...READ MORE
ATO

ATO provides update on timeline for auditor independence guidance

The ATO plans to publish detailed guidance on the independence standards impacting in-house audits and its compliance ap...READ MORE
Bryan Ashenden

Scaled and limited advice hampered by ‘confidence issue’

The environment experienced by advisers in recent years including the royal commission, additional codes and standards a...READ MORE
Bryan Ashenden

‘Consistent approach’ critical to reforming SMSF advice model

With the government set to review some of the regulations around strategic advice for SMSFs, a technical expert says any...READ MORE
6-member SMSFs still sparking client interest

6-member SMSFs still sparking client interest

Just over half of SMSF professionals in a recent straw poll have stated that at least some of their clients are consider...READ MORE

Firms warned against delaying audit decisions for ATO letter

SMSF firms holding off on making business decisions regarding the auditor independence standards until they receive the ...READ MORE

ASIC commences proceedings against SMSF fintech firm

The corporate regulator has commenced civil penalty proceedings against Squirrel Superannuation Services over allegation...READ MORE

ATO issues reminder on early release of super

With the COVID-19 early release of super program now closed, the ATO has reminded members that payments for applications...READ MORE
FASEA wind-up unlikely to see standards change

FASEA wind-up unlikely to see standards change, advisers told

Advisers hoping that the cessation of FASEA will result in a “different world” for the advice industry have been war...READ MORE

Government looks to modernise SMSF record keeping

As part of a consultation, the government is exploring whether certain restrictions under the SIS Act which prevent el...READ MORE

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