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Retrospectivity issues flare up for SMSF professionals

Retrospectivity issues flare up for SMSF professionals

by Shared by SMSF Adviser | Jul 30, 2018 | News

Speaking in a recent webinar, Kath Bowler from Licensing for Accountants and Aaron Dunn from Smarter SMSF reminded practitioners that when engaging with SMSF clients, certain events need to be dealt with on a prospective basis. Read the full article at SMSF...
Govt told to raise minimum SMSF balance recommendations

Govt told to raise minimum SMSF balance recommendations

by Shared by SMSF Adviser | Jul 27, 2018 | News

Law firm Berrill & Watson has called for an update to ASIC guidance’s on the minimum starting balance an SMSF should have in order to be in the best interests of a client.Read the full article at SMSF Adviser.
50-hour CPD requirement tipped to spur ‘poor quality training’

50-hour CPD requirement tipped to spur ‘poor quality training’

by Shared by SMSF Adviser | Jul 26, 2018 | News

Commenting on FASEA’s proposals for ongoing education requirements for advisers, Licensing for Accountants chief executive Kath Bowler said the number of hours designated for each knowledge or skills area is inflexible and “out of touch with reality”.Read the full...
Important tax time decision flagged for SMSF insurance

Important tax time decision flagged for SMSF insurance

by Shared by SMSF Adviser | Jul 17, 2018 | News

BT senior manager, product technical Crissy Demanuele said one benefit of offering life insurance within a super fund is the ability to claim tax deductions for any insurance premiums paid for death and disability cover.Read the full article at SMSF Adviser.
New litigation case sees SMSF auditor responsible for losses

New litigation case sees SMSF auditor responsible for losses

by Shared by SMSF Adviser | Jul 16, 2018 | News

In the case Cam & Bear Pty Ltd v McGoldrick, the NSW Court of Appeal was asked to consider where the actions of an SMSF auditor, John McGoldrick caused the losses suffered by an SMSF.Read the full article at SMSF Adviser.
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