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SPAA welcomes clarification of wholesale investor test

The SMSF Professionals’ Association of Australia (SPAA) has welcomed the move by ASIC to clarify the working of the wh ... READ MORE

ASFA cites further cost ‘pressure’ for retirees

The cost of medical services rose steeply in the June quarter, according to new research from the Association of Superan ... READ MORE

ASIC clarifies wholesale investor test for SMSFs

ASIC has clarified how it will apply the wholesale investor test to SMSFs, noting it has been an area of “ongoing lega ... READ MORE

RBA announces cash rate decision for August 2014

The Reserve Bank of Australia has today announced the outcome of its monthly board meeting. READ MORE

Accounting bodies release SMSF education course

In light of the ATO’s new penalty regime, CPA Australia and Chartered Accountants Australia and New Zealand have relea ... READ MORE

NAB signs up to LRBA ‘best practice’ guidelines

NAB is the first lender to sign up to new guidelines on LRBAs developed by the SMSF Professionals’ Association of Aust ... READ MORE

‘Substantial portion’ of accountants to shun AFSL

A “substantial portion” of the accountant market has no intention of obtaining a licence to provide SMSF services, a ... READ MORE

Class reaches 10 per cent SMSF market share

In its latest business update, Class Financial Systems said it is continuing to perform strongly off the back of strong ... READ MORE

Trustees warned on unexpected ‘toll’ of aged care

One financial planner has said some SMSF trustees are underestimating the growing cost of aged care and the strain it wi ... READ MORE

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