New FASEA code could spell trouble for SMSF trustees

First published in the Financial Review on 29 November 2019.  Changed adviser rules could lead to self-managed superannuation funds missing out on valuable advice. Changed adviser rules could lead to […]

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 […]

2020 National Conference to ‘crystal ball’ super in 2030

The superannuation landscape in 2030 will be the theme of the SMSF Association’s Thought Leadership Breakfast at the National Conference being held at the Gold Coast Convention and Exhibition Centre […]

Typical SMSF costs ‘less than $5000’ a year to run

First published in the Financial Review on 06 November 2019. Software providers to DIY funds say annual operating costs are much lower than the $13,900 cited by ASIC. What does […]

Research shows SMSFs continuing to diversify

First published in the Brisbane Times on 06 November 2019. It’s time to call a spade a shovel When the two latest controversies surrounding Self-Managed Super Funds (SMSFs) – single-asset […]

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 […]

ASIC Fact Sheet on SMSFs lacks balance

The Australian Securities and Investments Commission’s (ASIC) Fact Sheet, “Self-Managed Super Funds: Are they for you?” provides a timely warning about the need to get specialist advice before establishing an […]

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and receiving in-principle approval, the Associations that were working to establish a code monitoring body have withdrawn the application for […]

Do’s and don’ts of SMSF property investment

First published in the Financial Review on 10 October 2019. Direct property is an investment that self-managed superannuation fund (SMSF) trustees are likely to consider at some stage. In fact, […]

SMSF Association Board appoints Robin Bowerman Chair

The SMSF Association Board has appointed Robin Bowerman as its new Chair, effective immediately. Bowerman, who is Head of Corporate Affairs at Vanguard Investments, has been Vice Chair for the […]