Category: Advocacy

SMSF Association Budget Submission 2020-2021

SMSF Association Submission The SMSF Association welcomes the opportunity to make a pre-budget submission for the 2020-21 Federal Budget. As leaders of the SMSF sector, we believe we are able […]

SMSF Association submission on Non-Arm’s Length Income (NALI) and Expenditure (NALE) – LCR 2019/D3 and PCG 2019/D6

SMSF Association Submission The SMSF Association welcomes the opportunity to provide a submission on LCR 2019/D3. We are generally supportive of the Australian Taxation Office’s (ATO) efforts to provide some […]

FASEA releases Code of Ethics Guidance – Invitation for feedback

SMSF Association invitation for feedback Last Friday, FASEA released their Code of Ethics Guidance. This document aims to assist stakeholders in understanding, interpreting and applying the Code. Compliance with the Code […]

Update on code monitoring for financial advisers

Page updated on 21 October 2019 Despite satisfying ASIC’s requirements and receiving in-principle approval, the Associations that were working to establish a code monitoring body have withdrawn the application for […]

SMSF Association submission on ASIC Product Intervention Power

SMSF Association Submission The SMSF Association (SMSFA) welcomes the opportunity to make a submission on the Australian Securities and Investments Commission’s (ASIC) consultation paper regarding its product intervention power. We […]

SMSF Association submission on Grandfathered Conflicted Remuneration

SMSF Association Submission The SMSF Association (SMSFA) welcomes the opportunity to make a submission on the Treasury Laws Amendment (Ending Grandfathered Conflicted Remuneration) Regulations 2019. We support the Royal Commission […]

SMSF Association submission on the review of the Tax Practitioners Board

SMSF Association Submission The SMSF Association (SMSFA) welcomes the opportunity to make a submission on the review of the Tax Practitioners Board (TPB). As stated in our initial submission on […]

SMSF Association submission on terms of reference of the Retirement Income Review

SMSF Association Submission The SMSF Association understands that the Government intends to establish a Retirement Income Review and would like to provide recommendations on key aspects that we believe should […]

Your ASIC “Red Flags” Summary – Improving the quality of advice and member experiences

ASIC’s Report 575 on improving the quality of advice and member experiences focused on whether advice providers are complying with the law when providing personal advice to retail clients to […]

FASEA Education Standards and Recognised Prior Learning

SMSF Association Submission The Financial Adviser Standards and Ethics Authority has recognised the SMSF Specialist Advisor (SSATM) designation for its recognised prior learning (RPL) category of “Coursework completed to attain […]