2020 National Conference to ‘crystal ball’ super in 2030

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The superannuation landscape in 2030 will be the theme of the SMSF Association’s Thought Leadership Breakfast at the National Conference being held at the Gold Coast Convention and Exhibition Centre from 19-21 February 2020. Association CEO John Maroney will be joined on the panel by Jeremy Cooper, Chairman, Retirement Income, at Challenger, and Michael Blomfield, CEO, at […]

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ASIC Fact Sheet on SMSFs lacks balance

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The Australian Securities and Investments Commission’s (ASIC) Fact Sheet, “Self-Managed Super Funds: Are they for you?” provides a timely warning about the need to get specialist advice before establishing an SMSF. The SMSF Association CEO John Maroney says: “It’s always been our policy that SMSFs are not for everyone and before anyone sets one up […]

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SMSF Association Board appoints Robin Bowerman

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The SMSF Association Board has appointed Robin Bowerman as its new Chair, effective immediately. Bowerman, who is Head of Corporate Affairs at Vanguard Investments, has been Vice Chair for the past three years and a Board member since 2011. He replaces Dr. Deborah Ralston, who resigned as Chair last Friday and has stepped down as […]

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Specialist session to be major attraction at 2020 National Conference

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The Specialist-only session will be a major highlight at the SMSF Association National Conference being held at the Gold Coast Convention and Exhibition Centre from 19-21 February 2020. SMSF Association CEO John Maroney says these sessions proved “hugely popular” at the 2018 and 2019 conferences, so the organising committee is continuing the practice with DBA Lawyers’ Special […]

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SMSF licensed advice needs in-depth review

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The independent Review into the effectiveness of the Tax Practitioners Board (TPB) provides an opportunity to identify some of the impediments in the regulatory advice system that prevents SMSF trustees from getting basic SMSF advice. SMSF Association CEO John Maroney says: “However, we believe that to get the right regulatory structure for SMSFs is probably a […]

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Government strikes right balance with timing of reforms

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The Federal Government has struck the right balance between improving financial advice standards and giving the industry the necessary time to adjust, says SMSF Association CEO John Maroney. “The Government’s announcement that it will continue implementing reforms to build trust in financial advice as a true profession is welcomed. “But allowing the industry an extra […]

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Tim Costello steps down as Patron of the SMSF Association

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The Reverend Tim Costello AO is stepping down as Patron of the SMSF Association. Costello, who succeeded Sir Anthony Mason, a former Chief Justice of the High Court of Australia, in the role in August 2017, is resigning for personal reasons. Speaking on behalf of the Board, Association Chair Dr Deborah Ralston says: “The Association is indebted […]

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ASIC’s tough line on auditors gets tick of approval

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The SMSF Association fully supports the decision by ASIC to disqualify or add conditions to the registration of 17 auditors of self-managed superannuation funds (SMSFs). Association CEO John Maroney says: “The action taken by the regulator to disqualify three SMSF auditors and impose conditions on the registration of another 14 where their work failed to […]

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Rising SMSF establishment balances ‘strong evidence’ advice improving

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There has been a sharp increase in the average and medium establishment balances for self-managed super funds (SMSFs) – clear evidence that the quality of advice to the SMSF sector is improving and the key takeaway from the SMSF Associations Review of the Australian Tax Office’s SMSF Statistical Overview 2016-17. The statistics show that the […]

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Specialist adviser Scott Hay-Bartlem appointed to SMSF Association Board

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The SMSF Association has appointed Brisbane law firm Cooper Grace Ward Partner and SMSF Specialist Adviser Scott Hay-Bartlem to its Board from 1 July. Hay-Bartlem, a chartered tax adviser and member of the Society of Trust and Estate practitioners who specialises in issues such as tax and superannuation and estate planning, is the third Specialist […]

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