SMSF Adviser keeps specialists up-to-date with compliance, regulatory and legal developments while arming them with the knowledge and insight.

1 day ago · The SMSF Association has called on the government to follow up a review of accountants’ roles in terms of their ability to provide financial advice. In its pre-budget submission, the SMSFA has said that in 2019, the James Review made key recommendations for a single disciplinary model for ...

On Friday (31 January), Assistant Treasurer Stephen Jones announced a “comprehensive review” of the Compensation Scheme of Last Resort following the revelation that the levy estimate for financial advisers in the upcoming financial year has surged to $70.11 million.

Jan 31, 2025 · SMSF Adviser keeps the SMSF sector up to date with the latest and breaking news, and is the authoritative source of information for legal, compliance and regulatory updates.

1 day ago · The Better Targeted Superannuation Concessions bill has been taken off the Senate debate schedule today, according to the official order of business. Peter Burgess, SMSF Association CEO, said although it is not scheduled on the official order of business, there could still be the slim possibility ...

I think potential changes should be targeted at implementing policy measures that have been outstanding for some time. For example, the mooted amendments to the residency rules, first announced in the 2021–22 federal budget, would relax the residency requirements for SMSFs by extending the central control and management test safe harbour from two to five years, and remove the active member test.

The Compensation Scheme of Last Resort and the Delivering Better Financial Outcomes packages will continue to be issues to watch in 2025, a leading SMSF adviser has said. Aaron Dunn, CEO of Smarter SMSF, said there is still a lot happening regarding the CSLR, and it is one area that financial ...

To call 2024 the SMSFA’s annus mirabilis might be an exaggeration – but only just. As I reflect on the year, the SMSF sector achieved a notable milestone and notched some important wins for advisers and their clients.

Oct 23, 2024 · The Australian Financial Complaints Authority’s (AFCA) report found some advisers were incorrectly applying thresholds of $2.5 million in net assets or $250,000 income, instead of the $10 million limit specified in the Corporations Act for superannuation products.

Over the past five years the number of SMSF members has increased by close to 30 per cent, highlighting the opportunity for engaged, informed and driven professionals to build successful SMSF advice business.. SMSF Adviser has been created to enhance the capabilities of SMSF professionals – equipping them with the tools, techniques, knowledge and strategies to better service their SMSF ...