Advisers failing SMSFs on CGT

24-Apr-2018|By Malavika Santhebennur

Financial advisers and accountants are failing to take appropriate action around the treatment of the capital gains tax (CGT) cost-base uplift for SMSFs, according to accounting firm BDO Australia. BDO Australia business services partner Chri.. Read More

Omniwealth appoints head of SMSF


Superannuation and tax specialist Stephen Hogg has joined wealth advisory group Omniwealth as head of SMSF. The firm said it has used his experience to establish a dedicated SMSF advice service, with Hogg charged.. Read More

Two-month window for LRBAs: lawyer


SMSF clients who are currently considering entering into a limited recourse borrowing arrangement (LRBA) should seek to settle before 30 June 2018 to minimise the risk of being caught by the federal government’.. Read More

Other Aust equities can also generate yield


The importance of capital preservation and diversification for individuals in retirement has been emphasised by the federal opposition’s proposal to change the treatment of imputation credits, an investment man.. Read More

Corporate misdeeds to attract harsher penalty


The federal government has announced harsher criminal and civil penalties for corporate misconduct, while also boosting the powers of the Australian Securities and Investments Commission (ASIC). The move comes am.. Read More

AMP CEO quits over advice scandal


AMP chief executive Craig Meller has stepped down from his role with immediate effect following revelations at the banking royal commission of misconduct by the financial services giant. The company also apologis.. Read More

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