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ASIC
Super

Illegal early access to super scheme sees financial adviser charged

A Glenroy financial adviser could face up to 20 years in prison for operating an illegal early access to...
02 March 2021 • By John Buckley

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John Maroney and Michael Rice AO
Super

‘We need to have a different system’: Roadblocks limiting accountants from...

Accountants should play a broader, flexible and expansive role in the future of the SMSF profession, but they are...
24 February 2021 • By Tony Zhang
Dr Jane Rennie
Super

SMSF accounting and audit firms handed fresh resource on independence changes

Accounting firms waiting on ATO guidance around new SMSF auditor independence requirements have been handed an...
23 February 2021 • By Jotham Lian
ATO eyes 80,000 late SMSF returns
Super

‘3 strikes and you’re out’: ATO eyes 80,000 late SMSF returns

The ATO has launched a new compliance campaign aimed at driving the lodgement of SMSF annual returns as it chases...
22 February 2021 • By Tony Zhang
John Maroney
Super

Limited licensing framework needs to be removed, says SMSF Association

The SMSF Association has called for a more efficient regulatory framework for financial advisory services, outlining...
08 February 2021 • By Tony Zhang
CPA Australia and CA ANZ
Super

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...
01 February 2021 • By Miranda Brownlee
ABS and ATO
Super

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...
28 January 2021 • By Miranda Brownlee
SMSF firm wins court appeal
Super

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...
25 January 2021 • By Miranda Brownlee