News & Media

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

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.

ECONOMIC DOWNTURN INCREASES LITIGATION RISK

Changing economic conditions may see riskier SMSF investments “go belly up” with trustees looking for someone to blame, SMSF auditors have warned.

THE POSTER CHILD FOR RED TAPE

SMSF expert and Aquila Super partner, Chris Levy, provides insights on how SuperStream is likely to cause maximum grief this year.

SUPERSTREAM BREACHES

SuperStream breaches are predicted to be ‘huge’ for SMSFs according to SMSF expert, and Aquila Super partner, Chris Levy.

SUPER UPDATE FROM LEAD SMSF AUDIT PARTNER

Get insights from SMSF audit partner and SMSF expert, Chris Levy, for an ‘at the coal face’ overview of recent, significant changes to ATO and ASIC regulations and guidelines.

SUPERSTREAM ISSUES FOR SMSF AUDITS

There are still many scenarios where SuperStream is causing major headaches for SMSF professionals, including failed transactions and money getting lost in the system.