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Advisers who receive a complaint about an inappropriate self-managed super fund have just a 10% chance of successfully defending them, according to a new report. ....
Self-managed superannuation funds will be allowed to have up to six members and the SMSF Association has welcomed this change as it will provide additional flexibility and choice in the super system. ....
Employers are turning to alternative methods of rewarding employees as wage freezes become commonplace during the pandemic. With record-low wages growth of 1.4 per cent over the last year, companies are offering employee share schemes (ESS) as an incentive where they struggle to pay high salaries. ....
The ATO’s newly released March 2021 quarterly statistical report has revealed the total number of SMSFs will soon hit 600,000, with consistent growth seen across establishments and assets as the ind ....
Firms should not try to run the gauntlet head-on when facing the upcoming auditor independence standards and should instead focus on pivoting and reviewing their business models, according to a specialist audit firm. ....