SMSFs warned on managing changing ATO processes for fund establishment and compliance
SMSF advisers undertaking fund establishments may need to take greater care when managing the changing time frames during the establishment process with the Australian Taxation Office along with meeting the fund compliance status with the regulator.
In a recent update, Smarter SMSF Aaron Dunn said that over the past 12-18 months there has been a heightened level of interest in establishing SMSFs as more individuals take a greater interest in the decision making and control of their retirement savings.
Read more at SMSF Adviser.
