Time extension granted for annual returns

19-Jan-2018|By Krystine Lumanta

The ATO has announced it will extend the due date for lodgement of SMSF annual returns for 2016/17 to 30 June 2018. “We recognised there are some major new considerations and decisions for SMSFs and their advisers to make in this first .. Read More

SMSF specialist designations not enough

17-Jan-2018

The SMSF specialist adviser designation will not mean anything unless an adviser has completed other pieces of education under new educational requirements and professional standards for financial advisers, according.. Read More

Market concerns over ETFs unwarranted

17-Jan-2018

Accusations the exchange-traded fund (ETF) sector is creating an investment market bubble are unfounded and inaccurate, a financial services sector economist has said. “Obviously growth in ETFs around the w.. Read More

Active member test outdated

16-Jan-2018

The SMSF Association believes legislative restrictions effectively compel Australians with an SMSF and who are temporarily living overseas to switch to an Australian Prudential Regulation Authority (APRA)-regulated f.. Read More

Total super balance key TBAR timing factor

16-Jan-2018

The total super balance of the individual members of an SMSF is the determining factor of how often a particular fund will have to complete a transfer balance account report (TBAR), rather than the total super balanc.. Read More

Alignment poor between super, age pension

16-Jan-2018

A lack of coordination exists between superannuation policy and social security policy, and the poor alignment between the age pension and superannuation is an example of this, according to the SMSF Association. .. Read More

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