The values that SPAA espouses

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With our national conference behind us, and as a 2014 unfolds amid several inquiries critical to our industry, I thought it was an important time to remind members of the core values that underpin SPAA. These are the values on which we will never comprise, having been inculcated into our DNA over the past 11

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SPAA says competency test for trustees ‘elitist’

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The notion that SMSF trustees should have a “competency test” as suggested by the visiting European financial literacy specialist Robert Holzmann has been rejected by the SMSF Professionals’ Association of Australia (SPAA) as “elitist”. SPAA CEO Andrea Slattery says: “It would seem obvious to point out that anyone running a business, including company directors, trustees of

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Are all deeds the same, or simply ‘fungibles’?

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… A vanilla unit trust deed may not be the best form of a deed for SMSF investments All deeds are not the same.  A deed to establish a discretionary trust is different to a deed to establish a unit trust.  A deed to establish a family trust is different to a deed to establish

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ANZ to launch digital Self-Managed Super Fund

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ANZ to sell Super Concepts to Super IQ as part of strategic partnership ANZ yesterday announced the launch of its new digital solution for Self-Managed Superannuation Funds (SMSF) as a further step in its strategy to create simpler and more convenient ways for customers to better engage with their wealth. ANZ CEO Global Wealth Joyce Phillips

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Accountants and planners cement relationships

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A higher number of accountants who are not accredited to provide investment advice have been referring their self managed super fund (SMSF) clients to one rather than several financial planners over the last 12 months, new figures show. The OneVue / Investment Trends 2013 SMSF Accountant Report reveals 28 per cent of accountants, up from

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Wealthtrac SMSF builds pace with launch of mobile app

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Cloud-based SMSF solution now offering market leading mobile technology Independent wealth product distributor Wealthtrac, has launched a mobile application that is designed to deliver news and information to anyone interested in self managed super. Wealthtrac Managing Director and CEO, Matthew Johnson, said the development was an important step forward for the business and its adviser

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Keep SMSF property investment in perspective, says SPAA

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The role that self managed super funds (SMSFs) are playing in the current surge in residential property prices needs to be kept in perspective, says Graeme Colley, Director Technical and Professional Standards, of the SMSF Professionals’ Association of Australia (SPAA). Colley says despite all the market talk of SMSFs flooding into residential property, the actual numbers reveal it’s still

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Xpress Super gets thumbs up from Survey

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The decision by the specialist self-managed super fund (SMSF) administrator SuperGuardian to introduce the low-cost option Xpress Super has been strongly endorsed by the 2013 Smart Investor Administrator Survey. Xpress Super, which was launched in April, has taken the top two positions in all three categories and scored best product for medium balance SMSFs ($1 million).

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AMP picks up four awards at CoreData SMSF Awards

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AMP has won four awards at the inaugural CoreData Self Managed Super Fund (SMSF) Service Provider Awards, recognising SMSF service providers that have shown their value to both SMSF trustees and their advisers. The winners are decided using results from CoreData’s SMSF Service Provider Study 2013, which captures the feedback of 1,400 respondents across several

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SMSF investors leading the way offshore with stock analysis: Skaffold

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35% of Skaffold members have SMSF; More likely to seek offshore investments SMSF Trustees, who now control the single largest pool of superannuation assets in Australia, are increasingly utilising advanced stock research tool Skaffold to plan for and manage their retirement portfolio, according to new data from Skaffold members. Additionally, they are more likely to

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