SPAA welcomes Treasury’s draft regulations for tax advisors

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Treasury’s draft regulations specifying the registration requirements for tax (financial) advisors to register with the Tax Practitioners Board (TPB) is a positive step for the advisory industry, says the SMSF

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Sequoia Financial Group pursues funding options and growth

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Sequoia Financial Group to pursue funding options to drive growth Board assessing funding options to pursue next stage of development Company now well positioned for advancement in the SMSF industry

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Number of SMSF members tops one million

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It’s official. The numbers of SMSF members has now topped one million, according to the Australian Taxation Office’s March 2014 SMSF statistical report.  The report shows the number of SMSF

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SMSF’s reach record $558.6bn – still heavy cash

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Fresh data released this week shows Australian self-managed superannuation funds (SMSFs) have invested record amounts in cash investments despite low returns and the prospect of rising inflation. This may negatively

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Government pulls the wrong lever by delaying SuperStream

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A seasoned industry practitioner is highly critical of the Federal Government’s decision to push back the date by which superannuation funds must comply with the SuperStream contributions data standards. Superannuation

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ATO warning highlights need for specialist auditors

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The importance of the SMSF Professionals’ Association of Australia (SPAA) SMSF Specialist Auditor (SSAud) program has been highlighted by the warning by the Australian Taxation Office (ATO) that it will

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Whitepaper advocates that professional services outsourcing is less motivated by cost

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The most successful organisations have derived value from outsourcing in many ways beyond cost cutting. A recently released white paper postulates that businesses are able to drive growth, manage the

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Decision on excess non-concessional contributions a win for SMSF trustees

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The Federal Government’s decision to introduce a mechanism to allow taxpayers to withdraw excess non-concessional contributions made after 1 July 2013 is a win for SMSF trustees. Jordan George, Senior Manager, Technical

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SPAA to host State Technical Conferences for SMSF professionals

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The SMSF Professionals’ Association of Australia (SPAA) has organised an exciting program for its annual State Technical Conferences series that begins in Sydney on 22 July. The day-long conferences, titled

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Making sense of the bewildering world of SMSFs

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Wealth Know How, Australia’s first independent financial educational video-based website, designed for consumers, has launched a series of educational videos covering several of the issues relating to self-managed super funds (SMSFs). Wealth Know How’s George Lucas (Co-Founder) says the decision to produce a

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