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It may not be worthwhile for older SMSF members to commute their market-linked pensions under the five-year amnesty, a leading SMSF specialist has warned. Meg Heffron, ...
Maintaining “perceived” independence can be one of the major challenges for an auditor, a specialist consultant has said
The IPA is renewing its call for the government to reconsider the current draft of the proposed Division 296 tax
More SMSF trustees are being disqualified for breaches of investment restrictions in the Superannuation Industry ...
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While we extol the virtues of our ‘world-class’ super system, is there more we need to be doing now? The answer, it seems, is yes
or many years now, the superannuation industry has been operating in overdrive. The catalyst for much of the activity was the 2009 announcement by the then minister for superannuation, Nick Sherry, of a systemic review of Australia’s superannuation system to be led by Jeremy Cooper.
What ensued was an 18-month period of review, insight and analysis culminating in a series of recommendations, most of which were adopted by the government for implementation in the form of the Stronger Super reforms.
No service provider in the industry was left unaffected, with changes for large super funds, SMSFs, advisers, accountants, auditors, administrators and regulators.
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