ATO figures inject logic into the SMSF debate

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Industry fears that young people are rushing to set up self-managed super funds (SMSFs) are not supported by the latest statistics on this superannuation sector from the Australian Taxation Office. SMSF Professionals’ Association of Australia’s (SPAA) Director of Technical and Professional Standards, Graeme Colley, says the figures show the sector is growing strongly, but the […]

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OneVue partners with Eureka Report

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OneVue Holdings Limited has partnered with digital wealth and research subscription service Eureka Report, a wholly owned subsidiary of News Corporation, to deliver an innovative, independent investment solution in an industry first. brightday will be a member centric digital investment solution that facilitates investment management, superannuation and pension plans. Utilising OneVue’s technology platform, brightday will provide a flexible end-to-end […]

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Advisers say growth in SMSFs is behind LIC resurgence: Perpetual Investments survey

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PIC continues to gain positive ground; included on major wrap platforms and APLs More than half of advisers surveyed at a recent Perpetual Equity Investment Company Limited (ASX: PIC) roadshow cited the growth of the SMSF market (57%) as one of the main drivers behind the resurgence of listed investment companies (LICs). Other drivers included […]

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SPAA trustee education program gets thumbs up from ATO

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The peak SMSF organisation, the SMSF Professionals’ Association of Australia’s (SPAA), has launched a new SMSF Trustee Education Program. The complimentary, online program, developed to assist trustees better understand their responsibilities, has been approved as a recognised SMSF trustee program under the Australian Taxation Office’s (ATO) new trustee penalty regime. SPAA’s Head of Education Services Liz […]

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SMSFs show an increased interest in residential property

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“Property as an asset class is a long-term investment, which suits the time horizon of many SMSFs,” says James Dunn, presenter of the first of a series of four Wealth Know How videos that look at property as an asset class for Self-Managed Super Funds (SMSFs). “Like any investment in a SMSF, the fund’s trust […]

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SMSF administrator calls for halt to compliance buck passing between trustees and advisers

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Founding Principal and Director Ravi Subramaniam of Perth headquartered Australian Superannuation and Compliance Limited (ASC) cautions current and would be investors considering an SMSF of the need to be aware of the pitfalls – especially the consequences if their fund fails to be compliant. Commenting further, Subramaniam describes the current situation regarding responsibility for compliance […]

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Lonsdale looks to SPAA membership and specialisation

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IOOF dealer group, Lonsdale, has committed to the SMSF Professionals’ Association of Australia (SPAA) to expand its SMSF advice expertise via the SPAA SMSF Specialist Accreditation programs and specialised training and education for its advisors. Lonsdale is encouraging its advisors to join SPAA and undertake the SMSF specialisation programs to attain independent verification of their […]

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Accountants and licensing: which way to go?

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With the transition period for accountants’ licensing ending on 1 July 2016, now is the time for accountants to decide whether or not they need an Australian Financial Services (AFS) licence. Senior Lawyer at The Fold Legal, Jaime Lumsden Kelly, who is leading The Fold’s accountant’s licensing services, said accountants who advise clients about self […]

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SMSF trustees to take centre stage at SPAA’s 2015 National Conference

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Understanding the self-managed super fund lifecycle and knowing how to use that knowledge to benefit clients is the theme of the 2015 SMSF Professionals’ Association of Australia (SPAA) National Conference – the pre-eminent event on the SMSF calendar. The conference, to be held in Melbourne at the Convention and Exhibition Centre from 18–20 February, will be appropriately […]

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SMSFs offering professionals an exciting career path: SPAA

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The SMSF profession that has emerged over the past few years is proving to be a significant new professional career pathway for young Australians, says Andrea Slattery, Chief Executive Officer/Managing Director of the SMSF Professionals’ Association of Australia (SPAA). “Built on the solid foundations of the $560 billion SMSF sector, this profession is providing exciting […]

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