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Legal actions ramp up pressure on SMSF auditors

Recent legal cases finding fault with SMSF auditors for mis-describing fund assets have ramped up auditor obligations...

18 October 2019 • By Sarah Kendell

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ASIC’s SMSF fact sheet criticised over inconsistencies

The SMSF Association has criticised the corporate regulator’s focus on the risks of SMSFs in its mailout campaign...

16 October 2019 • By Sarah Kendell

Super

Professional, personal distinction key in NALI changes

Recent changes to non-arm’s length expense rules are an overreach, given the objective the laws are trying to achieve,...

15 October 2019 • By Sarah Kendell

Super

ASIC flags concerns with inappropriate SMSF set-up

ASIC has expressed concern that a growing number of investors are setting up SMSFs when they are inappropriate for...

14 October 2019 • By Sarah Kendell

Super

SMSF professionals at risk from investment strategy advice

SMSF professionals, including accountants and auditors, could put themselves at risk if they provide any type of...

09 October 2019 • By Sarah Kendell

Super

Accountants given transitional relief on general NALI expenses

The ATO has confirmed it will not enforce new rules around trustees providing accounting and other services to their...

04 October 2019 • By Sarah Kendell

Super

Self-funding disincentives should be high on retirement probe’s list

A retirement policy advocacy group has highlighted the disincentives that exist in the government’s current system to...

02 October 2019 • By Sarah Kendell

Super

SMSF trustees look beyond planners

Increasing numbers of SMSF trustees are looking beyond financial planners for advice around their self-managed fund,...

25 September 2019 • By Sarah Kendell