SPAA calls for last resort compensation scheme

From

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

continue reading

SPAA to host 9th State Technical Conferences for SMSF professionals

From

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

continue reading

SMSF trustees are using CFDs to protect core portfolio

From

More SMSF trustees are using the power of CFDs as a hedging tool within their SMSF to protect their core portfolios, particularly after years of extreme volatility in local and

continue reading

Has the government stemmed the flow of SMSFs?

From

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

continue reading

Multiport reaches $2 billion in funds under administration

From

Self Managed Super Fund administration services provider Multiport has achieved a significant milestone, reaching $2 billion in funds under administration. Multiport CEO John McIlroy said the majority of the recent

continue reading

SMSF professionals prepared for FoFA but concerned about Stronger Super

From

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

continue reading

SISFA welcomes clarification of borrowing rules

From

Small Independent Superannuation Funds Association (SISFA) has welcomed the announced clarification of borrowing rules to allow SMSFs with property purchased through limited recourse borrowing to make improvements. “It is a

continue reading

ATO draft ruling good news for SMSFs

From

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

continue reading

SMSFs to be Their Own ‘Bank’ to Fund Investment

From

SMSFs Receive Rent for Leasing the Orchard Assets to Growers!  While this is the eighth year that Almond Investors Limited has made an Almond Project available to the retail market,

continue reading