SMSF Association Submission to ATO – ABRS 2022/D1 Draft Corporations (Eligible Officer Exclusion – Non-individuals and Resigned Directors) Determination 2022

SMSF Association Submission The SMSF Association welcomes the opportunity to provide this submission in response to theRegistrar’s Draft Corporations (Eligible Officer Exclusion – non-individuals and resigned directors) Determination 2022. The […]

ASIC abandons $500,000 SMSF threshold

ASIC’s decision to remove $500,000 as an indicator of the “appropriateness of advice” to establish a self-managed super fund (SMSF) has been welcomed by the SMSF Association. In its latest […]

SMSF Auditors Alert – Quality assurance standards commence 15 December 2022

Auditing Standard ASQM 1 Quality Management for Firms that Perform Audits or Reviews of Financial Reports and Other Financial Information, or Other Assurance or Related Services Engagements comes into effect […]

SMSF Association Submission to Treasury – Strengthening the ABN System

SMSF Association Submission The SMSF Association welcomes the opportunity to provide this submission in response to exposure draft Strengthening the ABN System Bill. The SMSF Association supports designing a modern […]

SMSF Association Submission – Joint Submission to ALRC – Interim Report B

SMSF Association Submission Re: Australian Law Reform Commissions Review of the Legislative Framework for Corporations and Financial Services Regulation – Interim Report B Chartered Accountants Australia and New Zealand, CPA […]

How retirees can save more than $3000 a year

First published in the Financial Review on 1 December 2022. The income threshold for eligibility for a Senior’s Health Card has just been significantly increased in gift to many self-funded […]

Renowned industry speakers round out high-class field

A stellar line-up of presenters in the advice, practice and regulatory concurrent sessions will be one of the highlights of the 2023 SMSF Association National Conference being held at the […]

LRBA findings welcomed with ‘no material risk’ for SMSFs found

The SMSF Association welcomes the findings from the Council of Financial Regulators (CFR) report that limited resource borrowing arrangements (LRBAs) pose no material risk to the superannuation or broader financial […]

SMSF Association Submission – Exposure draft: Superannuation Auditor Registration Imposition Regulations 2022

SMSF Association Submission The SMSF Association welcomes the opportunity to provide this submission in response to the Government’s proposed remaking of the Superannuation Auditor Registration Imposition Regulations. We welcome the […]

The SMSF Association remains resolutely opposed to a cap on superannuation balances

SMSF Association Media Note SMSF Association CEO John Maroney says: “We do not and have never supported a cap on superannuation balances. The small number of SMSFs with extremely large […]