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Legacy pensions causing TSB headaches for SMSFs

Legacy pensions causing TSB headaches for SMSFs

by Shared by SMSF Adviser | Oct 12, 2018 | News

Accurium SMSF technical manager Melanie Dunn said while working out the accumulation phase value is relatively simple, it can be more difficult to determine the value of retirement phase income streams.Read the full article at SMSF Adviser.
ASIC floats LRBA ban, SMSF advice policy changes

ASIC floats LRBA ban, SMSF advice policy changes

by Shared by SMSF Adviser | Oct 9, 2018 | News

In response to questions received on notice from the Parliamentary Joint Committee on Corporations and Financial Services, ASIC said it may be worth adding additional requirements for the establishment of SMSFs.Read the full article at SMSF Adviser.
ATO slashes warning time for audit file reviews

ATO slashes warning time for audit file reviews

by Shared by SMSF Adviser | Oct 5, 2018 | News

The SMSF Expert director Peter Johnson said the ATO is now providing a much shorter period for SMSF auditors and practitioners to put together documentation before an audit file review.Read the full article at SMSF Adviser.
‘Significant event’ for SMSFs as regulations locked in

‘Significant event’ for SMSFs as regulations locked in

by Shared by SMSF Adviser | Oct 4, 2018 | News

In July this year, the government has released draft regulations to amend Superannuation Industry (Supervision) Regulations 1994 in order to extend the operation of SuperStream to cover SMSFs.Read the full article at SMSF Adviser.
ASIC releases guidance on compliance schemes for new standards

ASIC releases guidance on compliance schemes for new standards

by Shared by SMSF Adviser | Oct 2, 2018 | News

From 1 January 2020, financial advisers will need to comply with a code of ethics, which will be monitored and enforced by an ASIC-approved compliance scheme.Read the full article at SMSF Adviser.
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