Legitimate early release of super under review

09-Jan-2018

Revenue and Financial Services Minister Kelly O’Dwyer has announced Treasury will review the rules controlling the early release of superannuation on severe financial hardship and compassionate grounds. The.. Read More

Magellan floats new global equities LIC

07-Sep-2017

Magellan Asset Management has launched a listed investment company (LIC) offering individuals the chance to invest in a focused portfolio of international equities. Called the Magellan Global Trust, the offering .. Read More

Opportunities result from geopolitical risk

07-Sep-2017

Good investment opportunities are arising in global credit markets in the wake of geopolitical risks around the world, a specialist fund manager has said. According to global credit manager CQS chief executive Mi.. Read More

Ignore short-term reporting season woes

07-Sep-2017

A mid-tier chartered accounting firm has warned investors not to allow negative noise stemming from the latest company reporting season to disrupt their long-term wealth-building strategies. “It can be temp.. Read More

Auditor banned over independence issues

17-Aug-2017

John Evennett, from New South Wales, has been disqualified from being an approved SMSF auditor by the Australian Securities and Investments Commission (ASIC). The banning comes after the corporate regulator found.. Read More

ATO clarifies TBAR rules

17-Aug-2017

ATO SMSF segment assistant commissioner Kasey Macfarlane has addressed industry confusion over what must be reported under the transfer balance account report (TBAR) regime, in addition to outlining potential risks a.. Read More

TRIS conversion could cause cap problems

17-Aug-2017

SMSF trustees need to be cautious that the new treatment of transition-to-retirement income streams (TRIS) does not lead to a breach of the transfer balance cap (TBC) introduced on 1 July, a senior SMSF technical pra.. Read More

Insurance bonds can be super alternative

17-Aug-2017

Insurance bonds can act as a viable alternative tax-effective investment structure to superannuation for individuals whose ability to contribute to their retirement savings fund has now been restricted or eliminated .. Read More

CGT relief to be reported separately

17-Aug-2017

SMSF advisers and trustees must be aware that notifying the ATO about the use of the capital gains tax (CGT) relief provisions, included as part of the superannuation reforms introduced on 1 July, cannot be done via .. Read More

SMSFs shift closer to estate planning vehicle

17-Aug-2017

SMSFs have now potentially become more of an estate planning vehicle after the implementation of the $1.6 million transfer balance cap, a sector strategist has said. I Love SMSF director Grant Abbott told a recen.. Read More

ASF, Super Auditors announce merger

17-Aug-2017

Adelaide-based SMSF audit firm ASF Audits has announced it will merge with fellow independent SMSF audit firm Super Auditors, bringing the combined number of SMSFs serviced under the new business to more than 12,000... Read More

Video: TBAR and ATO requirements

Requirements for the transfer balance account reporting ..View more

Video: Fractional property investment

A different avenue to access residential properties...View more