Category: SMSF Association Media Release

SMSF Association reaffirms need for higher standards in SMSF advice after ASIC findings

SMSF Association Media Release ASIC’s latest Review of SMSF Establishment Advice (Report 824) serves as a critical reminder of the need for the SMSF sector to maintain a strong focus […]

SMSF Association strengthens technical expertise with appointment of industry heavyweight

SMSF Association Media Release The SMSF Association has appointed John Perri as Technical Manager enhancing its technical support capabilities at a time of massive change and reform in financial services […]

Removal of tax on unrealised capital gains and commitment to consult gets strong tick of approval

SMSF Association Media Release The SMSF Association has welcomed today’s announcement by the Federal Government to scrap its proposal to tax unrealised superannuation capital gains. In a statement released today, […]

ATO’s final NALI and contributions rulings provide welcome clarity – but missed opportunities remain

SMSF Association Media Release The ATO’s long-awaited rulings on non-arm’s length income (LCR 2021/2) and contributions (TR 2010/1) have provided long-sought clarity on several critical issues, says SMSF Association CEO […]

SMSF Association supports review of the ATO’s regulation of SMSFs

SMSF Association Media Release The SMSF Association supports the Australian National Audit Office’s (ANAO) proposed performance audit of the ATO’s regulation of self-managed superannuation funds (SMSFs). Association CEO, Peter Burgess, […]

Cost of CSLR special levy, should be a shared responsibility says SMSF Association

SMSF Association Media Release The most efficient and equitable way to fund the special levy needed to meet the shortfall in consumers’ unpaid compensation claims is to spread it across […]

Professionals set to excel at SMSF Audit Day

The SMSF Association’s annual SMSF Audit Day returns on 9 September, as a one-day virtual event dedicated to the regulatory and compliance issues shaping SMSF audits. Designed for all SMSF […]

Advice wrapped in red tape: SMSF industry calls for reform to meet consumers’ needs

SMSF Association Media Release The SMSF Association says Australia’s fragmented regulatory framework governing professional advice needs urgent reform, warning that SMSF professionals are being constrained by outdated structures that no […]

Deferred start date needed if Division 296 becomes law

SMSF Association Media Release Addressing the contentious Division 296 legislation during his opening address at the SMSF Association’s 2025 Technical Summit, Association CEO Peter Burgess outlined the technical challenges with […]

Industry-level problems require an industry-level response

SMSF Association Media Release It’s critically important not to draw the wrong conclusion from the recent Australian Financial Complaints Authority (AFCA) statistics relating to SMSFs, says Peter Burgess, CEO of […]