A draft ruling released by the Australian Taxation Office (ATO) has highlighted the importance of having appropriate documentation in place to ensure a pension is reversi...
Industry bodies have taken issue with the exposure draft regulations for rollovers and contributions in submissions to Treasury that take aim at the three-day performance...
Although recent data show a significant drop in concessional contribution cap breaches, MLC has warned those numbers could spike again once the second halving of the caps...
Institute of Chartered Accountants superannuation specialist Liz Westover has pointed to new regulations having been finalised requiring SMSF trustees to report fund asse...
SISFA has warned the Federal Government that the country's almost one million SMSF trustees will use their collective voting power to object to further regulatory burden....
MLC senior technical consultant Mike Mitchell outlines some of the challenges faced by SMSFs wishing to make anti-detriment payments....
Despite current concerns over SMSF administration, only around 2 per cent of funds have a compliance issue, meaning there is no need for additional regulations, according...
The Australian Taxation Office (ATO) has flagged plans to take a close look at self-managed super funds (SMSFs) that fail to lodge their annual returns....
Australian SMSFs should be able to receive superannuation transfers from New Zealand, according to the SMSF Professionals' Association of Australia (SPAA)....
Association of Superannuation Funds of Australia questions ability of ATO to deliver an online portal capable of dealing with complex rollovers....
Financial institutions could breach Australia's Privacy Act when complying with the US's proposed Foreign Account Tax Compliance Act (FATCA), the Association of Superannu...
SPAA urges Govt not to exclude SMSFs from proposed trans-Tasman super regime....
Possible tax evasion schemes involving tax deductions through the purchase of offshore 'emission units' that do not actually exist have been flagged by the Australian Tax...
Cavendish Super's head of technical services Tim Miller has warned self-managed super fund trustees to ensure they meet the pension standards on time to avoid unwinding a...
The ATO has backed a SPAA assessment that illegal early release schemes involving SMSFs are declining....
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...