Since 2017 we have had a transfer balance cap regime that limits the amount that can be transferred from accumulation phase to retirement phase pension accounts....

The corporate regulator has taken action against hundreds of self-managed super fund auditors, which reportedly failed to meet compliance standards over several years. ...

A former Melbourne financial planner has pleaded guilty to three counts of engaging in dishonest conduct regarding SMSFs while running a financial services business. ...

Treasury has today released a consultation paper exploring potential policy changes to the non-arm’s length income provisions where they relate to general expenses....

The ATO has published information on schemes it is monitoring that encourage Australians to inappropriately channel money through their self-managed superannuation fund....

The number of accountants providing advice under limited licences has continued to spiral downwards, dropping by a third during 2022....

Corporate trustees in self-managed superannuation funds are being reminded to pay their annual review fee to ASIC or run into future difficulties....

ASIC has decided to remove a $500,000 as an indicator of the ‘appropriateness of advice’ to establish a self-managed superannuation fund....

ASIC disqualified John Gilliland from being an approved SMSF auditor in 2018 for breaching independence requirements in auditing his own fund....

The corporate regulator has disqualified three auditors and taken action against a further three following breaches of independence requirements and auditing standards....

The SMSF Association has hit back at the idea of caps on superannuation balances, as proposed by Assistant Treasurer Stephen Jones earlier this week....