by smsfoptions | Mon, Jun, 2014 | SMSF News, SMSF Options, Tips and traps, Trustee
The ATO has introduced new penalty powers which it can impose on you if your fund breaks certain superannuation rules. The new rules apply from 1 July this year and allow the ATO to fine you and require you to rectify the mistake that has been made. They can also...
by Admin | Mon, Sep, 2012 | SMSF News
FORMER Treasurer Peter Costello has called for any top-level review into the banking sector to be broadened to take in the $1.4 trillion superannuation industry, saying governments have failed to assess properly whether the system was meeting people’s retirement...
by Admin | Mon, Aug, 2012 | SMSF News
Small investors are wielding their self-managed super funds in the residential property market. According to the Australian Taxation Office, self-managed super funds are now the largest and fastest-growing segment of the super industry. Data from the ATO shows that...
