Unallocated contributions not a reserve

20-Jun-2018|By Malavika Santhebennur

Concessional contributions made by SMSF trustees as part of a contribution reserving strategy will not be considered a true reserve by the ATO, according to DBA Lawyers. DBA Lawyers director Dan Butler told an SMSF online update webinar some .. Read More

ATO to handle early super release


The federal government has announced the early release of superannuation on compassionate grounds will be transferred to the ATO from 1 July. Revenue and Financial Services Minister Kelly O’Dwyer said respo.. Read More

SISFA establishes new auditor membership


The Self-managed Independent Superannuation Funds Association (SISFA) has responded to the federal budget proposal for three-year SMSF audits by creating an entirely new class of membership to represent the interests.. Read More

PPM expands equities portfolio access


Sydney-based boutique investment firm Private Portfolio Managers (PPM) has announced its separately managed account model Australian equities and global equities portfolios are now available on multiple platforms. .. Read More

Licensees warned on ex-Dover advisers


The Australian Securities and Investments Commission (ASIC) has issued a warning to all licensees that may seek to authorise ex-Dover advisers after it announced on Friday the financial advice firm will shut down. .. Read More

SMSF exit strategies


We all know SMSFs are the fastest-growing sector of the super industry and this trend is likely to continue. While the establishment and growth of SMSFs receive plenty of attention, little importance is paid to .. Read More

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