Scope of automation no threat to advisers

18-Oct-2017

The current capability of automation within SMSF administration services was not yet at a point where it could be substituted for the judgment of a human adviser, according to a panel of executives. During an SMS.. Read More

Scope of automation no threat to advisers

18-Oct-2017

The current capability of automation within SMSF administration services was not yet at a point where it could be substituted for the judgment of a human adviser, according to a panel of executives. During an SMS.. Read More

Reforms fortify accountants’ role

18-Oct-2017

Accountants have been told to step up to the challenge of servicing their SMSF clients as their role has only been reinforced by the new super reforms, along with the added requirements around the ATO’s transfe.. Read More

TBAR requires shift to software

18-Oct-2017

Advisers and accountants reporting under the transfer balance account report (TBAR) regime for their pension SMSF clients must now be using up-to-date software in their practices rather than spreadsheets, an administ.. Read More

New integration for Evolv White

18-Oct-2017

Automated audit platform Evolv White has entered into a new integration partnership with tech firm InfoTrack that will give users access to a new range of documents. Specifically, the deal means practitioners wil.. Read More

Ignoring deed riskier with super changes

18-Oct-2017

The SMSF trust deed can easily be overlooked by auditors and advisers due to its lengthy, legal and technical nature, but the new super reforms have reinforced its importance, an auditor has warned. “It&rsq.. Read More

New ASIC chair named

18-Oct-2017

The federal government yesterday named former Goldman Sachs banker James Shipton as the new chair of the Australian Investments and Securities Commission (ASIC). Shipton, who will succeed Greg Medcraft, will sta.. Read More

No TBAR for family law, fraud cases

16-Oct-2017

The ATO has clarified SMSF trustees who experience family law cases, fraudulent activity or bankruptcy that affects their transfer balance cap will be required to follow a separate process to the transfer balance acc.. Read More

National default super idea problematic

16-Oct-2017

Introducing a national default superannuation scheme is a good idea in theory, but in reality would present numerous issues for the super sector, an industry executive has warned. “While it would have some .. Read More

Related-party LRBA benchmarks may turn costly

16-Oct-2017

SMSFs with related-party limited recourse borrowing arrangements (LRBA) could face further administrative expenses and will require more time and effort if standardised benchmarking across all types of transactions b.. Read More

SMSF Association urges CGT relief action

16-Oct-2017

The SMSF Association has called on SMSF trustees to take action now if they want to use the capital gains tax (CGT) relief provisions contained in the super reforms as part of their strategy to comply with the new tr.. Read More

Video: Fractional property investment

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Video: Transfer balance caps

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