Coercive control an SMSF problem
SMSFs have been identified as a financial structure that perpetrators of domestic violence and coercive control can use to their advantage.
View ArticleThousands of online scammers wiped out
The latest corporate regulator update revealed its enforcement actions shut down 10,000 websites and promotional activities in 2024.
View ArticleATO messaging needs adherence
The regulator has noticed a disturbing trend whereby SMSF trustees are ignoring critical pieces of correspondence relating to compliance breaches.
View ArticleDisqualifications can be overturned
A recent AAT decision has shown a trustee disqualification can be challenged successfully if the right set of circumstances can be established.
View ArticleTreatment of UPEs could change
The treatment of UPEs as loans from beneficiaries to unit trusts may no longer stand due to a recent full Federal Court decision.
View ArticleSMSF trading service launched
A global online trading platform has expanded its Australian services to include SMSF investors, offering zero cost on fees and specific trades.
View ArticleDeed not sole trustee duty determinant
SMSF trustees must keep in mind the SIS Act dictates their responsibilities in running a fund go beyond those contained in the trust deed.
View ArticleInsurance proceeds status changed
A new method to treat insurance proceeds received by a super fund has been unexpectedly included in draft Taxation Ruling 2010/1DC2.
View ArticleLow-balance won’t thwart in-specie payment
An individual in an SMSF can receive an in-specie benefit payment even if their balance is less than the value of the asset involved.
View ArticleInterest rate expectations favour small caps
The current global economic environment reflecting an expectation of interest rate cuts presents an opportune moment for investing in small caps.
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