News & Media

Read the latest news and SMSF strategies online with Aquila Super.

NEW: PLATFORM UPGRADE

The first stage of Aquila Super’s platform upgrade is complete, and now provides a more streamlined experience with better functionality and job management.

AQUILA SUPER: 2023 WINNER!

We’re thrilled to announce that Aquila Super is the SMSF Audit Provider winner in the 2023 SMSF Adviser awards! Winning the award is a combination of several decades of hard work and support.

ATO TAKES HARD LINE ON IN-HOUSE ASSET RULES

The ATO has embarked upon a program of continuous improvement, honing their stated positions on multiple SMSF matters and clarifying what documentation they deem trustees must obtain and retain across a range of investments.

SUPERSTREAM SERVICES LEAVING SMSF PROFESSIONALS ‘OUT OF POCKET’

SMSF professionals should flag fees with clients for unexpected time costs that can arise with SuperStream rollovers to avoid losing money with these types of services, says Aquila Super.

INCREASED ID REQUIREMENTS CAUSING ROADBLOCKS

The increased ID requirements requested by APRA super funds for rollovers are slowing down or stalling the process.

THE TOP 5 SMSF AUDIT ISSUES THIS YEAR

SMSF specialist auditors Chris Levy and Shirley Schaefer delve into the main issues for SMSF audits, and offer up some practical tips.

AUDITORS CLOSELY SCRUTINISING RELATED PARTY LEASES

Getting the finer details of related party leases right is critical with the ATO applying a stricter approach in relation to the sole purpose test and section 109.