Category: SMSF Association Media Release

White Paper on modernising financial advice hits the right note

The SMSF Association welcomes the Financial Services Council’s White Paper on Financial Advice, saying it aligns with its goals of modernising financial advice and enhancing the professionalisation of the advice […]

15 consumer groups and professional associations call for stronger compensation scheme

(Joint media release with Association of Financial Advisers (AFA), Boutique Financial Planning Principals Association, Chartered Accountants Australia and New Zealand (CA ANZ), CHOICE, Consumer Action Law Centre, Consumer Credit Legal […]

SMSFs exemption from retirement income strategy legislation gets thumbs up

The SMSF Association has thrown its in principle support behind the Government’s decision to remove SMSFs from the legislative requirement for trustees to develop a retirement income strategy for fund […]

Major education partnerships announced to enhance SMSF Professionalism

The SMSF Association has today announced two new major education pathways for its coveted SMSF Specialist Advisor designation (SSA™ ). The SMSF Association has entered into new partnership agreements with […]

Caution urged on 20% threshold proposal for auditor referral fees

The SMSF Association is urging caution on introducing a 20% threshold for auditor referral fees as outlined in the Accounting Professional & Ethical Standards Board’s draft amendments to the APES […]

ASIC levy relief for advisers gets thumbs up

The SMSF Association welcomes the Federal Government’s decision to provide temporary and targeted relief on ASIC levies for financial advisers. The decision means the ASIC levies charged for personal advice […]

Compensation scheme of last resort may be last straw for financial advice industry

(Joint media release with Chartered Accountants Australia and New Zealand (CA ANZ), CPA Australia, Financial Planning Association (FPA), Institute of Public Accountants (IPA), Association of Financial Advisers (AFA), Stockbrokers and […]

Measured approach needed to retirement income covenant

The SMSF Association is calling for a measured approach to the introduction of the proposed retirement income covenant for superannuation fund trustees. In response to Treasury’s recent position paper, the […]

SMSF Association urges rethink on NALE

The SMSF Association is urging the Federal Government and the Federal Treasury to review the non-arm’s length expenditure (NALE) rules following an ATO ruling handed down today. Peter Burgess, Association […]

SMSF Association appoints two Board members

The SMSF Association has recently appointed two new Board members. They are Professor Deborah Ralston, a former Chair of the Association who stepped down in September 2019 on being appointed […]