Super

Super

Professional bodies reject proposed objective for super

The sole purpose test does the job, they say, and changing the law will fail to prevent bad policy decisions in the...
29 September 2023 • By Miranda Brownlee

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Super

ASIC takes legal action against AustralianSuper

The regulator alleges the largest superannuation failed to address multiple member accounts.
08 September 2023 • By Keeli Cambourne
Super

Government releases draft legislation for objective of super

The government says the goal is to provide a shared understanding of superannuation and ensure it focuses on saving...
04 September 2023 • By Miranda Brownlee
Super

ATO urged to postpone tax determination on NALI and CGT

The ATO must delay its tax determination concerning non-arm’s length income and capital gains tax until the non-arm’s...
07 August 2023 • By Miranda Brownlee
Super

Advisers can be liable to pay for bad advice following AFCA ruling

A recent court ruling means SMSFs can apply for financial compensation due to bad advice.
27 July 2023 • By Keeli Cambourne
Super

‘I came here thinking success would come quickly’

It has taken 20 years but this year’s winner of the top Australian Accounting Award, Natalia Clack, shows hard work...
17 July 2023 • By Philip King
Super

CFS settles super fees class action for $100m

The mediation agreement will return funds to members charged ongoing fees for advice they did not receive.
14 July 2023 • By Philip King
Super

ATO warns of early release schemes targeting SMSFs

Plans to channel money or assets into an SMSF to pay less tax could result in the loss of entire savings, says the Tax...
12 July 2023 • By Josh Needs