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 […]

ATO gets tougher on SMSF investments

First published in the Financial Review on 12 September 2019.  The Australian Taxation Office has started to issue letters to nearly 18,000 self-managed super fund trustees and their auditors as […]

SMSF licensed advice needs in-depth review

The independent Review into the effectiveness of the Tax Practitioners Board (TPB) provides an opportunity to identify some of the impediments in the regulatory advice system that prevents SMSF trustees […]

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 […]

Government strikes right balance with timing of reforms

The Federal Government has struck the right balance between improving financial advice standards and giving the industry the necessary time to adjust, says SMSF Association CEO John Maroney. “The Government’s […]

Tim Costello steps down as Patron of the SMSF Association

The Reverend Tim Costello AO is stepping down as Patron of the SMSF Association. Costello, who succeeded Sir Anthony Mason, a former Chief Justice of the High Court of Australia, […]

Beware transfer balance cap strategies when it comes to death benefits

First published in the Financial Review on 15 August 2019.  Maximising your $1.6 million pension cap may backfire on your beneficiaries Strategies to work around the $1.6 million transfer balance cap (TBC) […]

ASIC’s tough line on auditors gets tick of approval

The SMSF Association fully supports the decision by ASIC to disqualify or add conditions to the registration of 17 auditors of self-managed superannuation funds (SMSFs). Association CEO John Maroney says: […]

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 […]