SMSF Adviser - News for Australian SMSF professionals
WEBUnpacking the data – what’s happening in the SMSF sector from a statistical standpoint. September 25 2024. In this episode of the SMSF Adviser Show, hosts Keith Ford and Aaron Dunn are joined by Tim Steele, general manager at Class, to dig down on ...
Be aware of nuances in arm’s length dealings - SMSF Adviser
WEB5 days ago · A. The definition of arm’s length dealings is not as straightforward as it seems, a technical expert has said. Mary Simmons, head of technical at the SMSF Association, said on the latest ASF Audit podcast that the absence of a clear definition for 'length' in the Superannuation Industry (Supervision) Act means it can be challenging to ...
Timing investment restructuring to maximise ECPI - SMSF Adviser
WEB18 hours ago · A. A. A. Timing is crucial to maximising exempt current pension income when restructuring investments as fund members approach retirement, says a senior actuary. Melanie Dunn, senior actuary for Accurium, said when considering which strategies to implement to maximise tax outcomes, members need to …
SMSFs turning to gold as wealth preservation tool - SMSF Adviser
WEB18 hours ago · A. SMSFs are turning towards gold and other precious metals as a more stable wealth preservation asset than traditional bonds, says an expert. Ruth London, national sales manager for Gold Bullion Australia, said on the latest SMSF Adviser webcast that there has been a shift in the industry over the past few years towards allocating up …
SMSF transfers rise as industry funds expand market share
WEB1 day ago · At the same time, transfers to self-managed super funds are rising after a slowdown during COVID-19, with industry funds seeing a significant increase in transfers to SMSFs, currently at the highest rolling 12-month rate of -$3.36 billion. Retail funds, meanwhile, experienced their highest quarterly net inflow in over 17 years, at $9.16 billion.
Latest Australian SMSF News - SMSF Adviser
WEB6 days ago · News. 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. SMSF Adviser’s news caters to all professionals in the SMSF sector, including accountants, financial planners and auditors.
The audit report for my SMSF has been qualified. What does that …
WEB1 day ago · The auditor is required to report their findings to the trustees in the form of an audit report. The audit report consists of two parts, Part A and Part B. The consequences of receiving a qualified audit report are quite different, depending on whether it is a Part A or Part B qualification.
Carry-forward concessional superannuation contributions
WEBA. A. Being able to carry forward unused annual concessional contributions (CCs) cap amounts since 2018–19 provides some much-welcomed planning opportunities, especially in this environment where the annual CC cap is historically low. For context, in 2007-08 the annual cap stood at $50,000 for those under age 50 ($72,500 indexed in today’s ...
SMSF clients boosting advisers’ revenue - SMSF Adviser
WEBThe 18th annual edition of Investment Trends’ 2023 SMSF Adviser Report is based on an in-depth study of 185 SMSF advisers conducted between February and April 2023. It provides an in-depth analysis of how financial advisers interact with and service SMSF investors and their relationship with accountants.
Growth Strategies for SMSF Professionals - SMSF Adviser
WEBStrategy. Up-to-date, specialised strategy is core component of an SMSF professional’s arsenal. SMSF Adviser analyses and interprets regulatory and legislative changes to ensure the SMSF sector is kept informed on the tips, tools …