SPAA welcomes government report into organised investment fraud

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The SMSF Professionals’ Association of Australia (SPAA) has welcomed the report into “Serious and Organised Investment Fraud in Australia”, saying it’s a timely reminder of the risks investors face from

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SPAA calls for last resort compensation scheme

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SPAA CEO Andrea Slattery believes there is a convincing argument to establish a last resort compensation scheme for the financial services sector.  “Superannuation fraud affects ordinary Australians saving for their

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SPAA to host 9th State Technical Conferences for SMSF professionals

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The SMSF Professionals’ Association of Australia (SPAA) will hold its annual series of State Technical Conferences in five capital cities around Australia in July and August to ensure its members

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Has the government stemmed the flow of SMSFs?

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Self Managed Superannuation Fund (SMSF) statistics released by the Australian Taxation Office (ATO) for the December 2011 quarter which show some slowing in the growth in the sector raise some

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Tax reform must address unfair super tax penalties and encourage saving

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The Self Managed Super Fund Professionals’ Association (SPAA) has today called for tax reforms including an increase in the annual concessional superannuation caps and a solution to the problem of

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SMSF professionals prepared for FoFA but concerned about Stronger Super

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SMSF Advisers are ready for FoFA ‘best interests’ duty but concerned about auditor registration and the proposed banning of off-market transfers. The majority of SMSF professionals are well prepared for

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SPAA calls for a level playing field for SMSFs versus other super funds

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The Self Managed Super Fund Professionals’ Association (SPAA) has today expressed disappointment about a key aspect of the Federal Government’s Stronger Super Reforms announced today, in particular, that a ban

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ATO draft ruling good news for SMSFs

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The release of this year’s most anticipated ATO Ruling impacting self-managed superannuation funds (SMSFs), Draft SMSF Ruling, SMSFR 2011/D1 (the draft ruling), contains good news for trustees looking to invest in

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SPAA announces new board appointment

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The Self-Managed Super Fund Professionals’ Association of Australia (SPAA) has today announced the appointment of Robin Bowerman to the SPAA Board. SPAA Chairman Sharyn Long said the appointment will complement

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SPAA calls for fraud and theft cover for investors

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At its Technical Conference in Sydney this week, the Self Managed Super Fund Professionals’ Association (SPAA) has encouraged debate on the issue of financial loss due to fraud or theft

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