If auditors are, indeed, the eyes and ears of the regulators in the SMSF sector, Liz Westover writes that the new auditor registration regime will prove to be crucial as ...
The Australian Taxation Office is now the fourth largest holder of unclaimed superannuation by funds under management, and holds one-third of all lost accounts....
Company collapses have risen by 117 per cent to 1,123, reflecting a continuing 'lag effect' from the economic woes of the global financial crisis, according to research b...
SPAA has warned the jump in ECT breaches may only get worse when the concessional contribution cap for those aged 50 and over, with a superannuation balance over $500,000...
The Government is under pressure to put in place a better fix as ECT breaches continue to rise....
In situations where a SMSF enters into a contract with a related party, care needs to be taken to avoid potential breaches of the law. Peter Burgess explains....
Concessional contribution cap breaches have increased around three-fold in the past three years, according to specialist SMSF company Canvendish Superannuation....
Questions raised about whether the Government is using ECT breaches to help move out of deficit....
The ATO's view on SMSF property development leaves room for members to be caught out by the sole purpose test, said Peter Hogan MLC Technical....
There is considerable asset allocation bias with SMSF trustees. This is likely to lead to disappointing performance at best, and widespread disasters at worst, according ...
David Court outlines some common queries that arise out of the new rules for investment in personal use assets....
An increasing number of people travel to Australia as non-residents, accumulating some savings in the Australian superannuation system. Daniel Butler and Tina Conitsiotis...
SMSF specialist Cavendish Superannuation has claimed vindication from a recent ATO ruling which it says confirms its analysis around concessional contribution arrangement...
The ATO should be able to exercise discretion when concessional caps are breached due to poor financial advice, says AIST chief executive Fiona Reynolds....
The Tax Commissioner has revealed the degree to which Australian authorities have reduced the flow of funds to havens such as Vanuatu, Liechtenstein and Switzerland....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...