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SMSF Adviser keeps specialists up-to-date with compliance, regulatory and legal developments while arming them with the knowledge and insight.
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News
Get your SMSF audits off to a strong start
1+ week, 10+ hour ago (334+ words) The regulator said preparing early gives SMSF auditors time to identify and resolve any issues before forming an audit opinion. It added that as part of that process auditors should follow several key steps beginning with assessing and documenting their…...
Do you know who is signing your SMSF audits?
1+ week, 10+ hour ago (458+ words) “That question is; Do you know who is signing your SMSF audits?” Randeria said. “ASIC found that a disqualified auditor continued providing SMSF audit services and created 47 false audit reports using another registered auditor’s name without that auditor’s involvement or…...
Still some???unknowns??? in LRBA rules
1+ week, 6+ day ago (556+ words) In an online update about the new LRBA regulations, Dunn said in regard to LRBAs there are different obligations to ensure that the arrangement complies both at the Commonwealth level in relation to the SIS Act but also relevant state-based…...
Div 296 cost-base reset confusion
1+ week, 6+ day ago (296+ words) Ellem said on a recent compliance webinar that the cost-base reset is tied to 30 June 2026 market values but isn’t due until the 2026–27 return — an important distinction as SMSFs prepare for the first year of Division 296 reporting. Ellem said he has…...
Investment outcomes not the sole focus of advice needs now
3+ week, 15+ hour ago (371+ words) Neil Rogan, Head of Distribution, Australia and New Zealand at Russell Investments, said clients may be balancing a mortgage, helping children into property, supporting ageing parents and planning their own retirement, often at the same time. “The conversation is shifting…...