Articles by Jason Spits

Financial Advice, Investments

Dixon director has case dismissed

A case brought by ASIC against a Dixon Advisory director alleging a breach of duties in regards to decisions about the insolvency of the advice group has been dismissed.

read more
Bonds, Investments

Falling rates boost bond appeal

Interest rates have reached their high point and are likely to start falling, taking the shine off term deposits, but these can be replaced with quality bond investments providing similar returns.

read more
Legislation, SMSFA

AML laws need SMSF sensitivity

Anti-money laundering Counter-terrorism funding SMSF Accountants SMSF Association Professional service providers

An expansion of anti-money laundering laws should not view accountants as the registered address of an SMSF as a cause for concern and exempt the activity from the changes.

read more
International Shares, Investments

Market concentration fears overblown

Global market Concentration Insync Funds Management US market

The view that global markets are becoming concentrated around tech stocks is not matched by reality, but caution should be exercised with local and Asian markets.

read more
Legislation, Tax

Govt keeps justifying super tax

Stephen Jones SMSF Division 296 tax Super tax

The Minister for Financial Services has told APRA funds and investment managers its plans to lift taxes on high super balances are fair and part of a wider agenda around equity in the system.

read more
Legislation, Superannuation, Tax

Lower house passes Div 296 bill

Division 296 tax SMSF Association Bill House of Representatives

The Division 296 or $3 million soft cap bill will progress to the Senate after the government voted down amendments in the lower house.

read more
ATO, Compliance & Regulation, Property

Tardy related-party rent a compliance risk

Related-party Rent Sole purpose test Superannuation Industry (Supervision) (SIS) Act

SMSFs receiving rental income from a related party cannot allow these payments to fall behind in as it may represent a breach the sole purpose test.

read more
Investments, SMSF

Term deposit returns less than zero

Term deposit Interest rates SMSF Self-managed superannuation fund

Real returns from term deposits are currently less than zero and should prompt SMSF investors to look at other sources of fixed income.

read more
Administration

New cash account option for SMSFs

SMSF Self-managed superannuation Cash management account Australian Military Bank DIY Super Saver Dina Mok

A small bank servicing the defence sector has made its SMSF cash account available to any trustee with the promise of a more competitive interest rate.

read more
Regulation, SMSF

Residency rules misunderstood

Residency SMSF Central management and control test

SMSF trustees faced with spending time overseas are not properly adhering to the procedures regarding the central management and control rules.

read more

Our Story

selfmanagedsuper is the definitive publication covering Australia’s SMSF sector. It uniquely offers online content tailored separately for SMSF professionals and individual trustees participating in the fastest growing and largest sector of the superannuation industry. As such, it is a must read for those wanting to stay informed about the latest news, regulatory developments, technical strategies, investments, compliance, legal and administration issues concerning SMSFs.

Copyright © SMS Trustee News 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.