Apr 2, 2018 | Blog, David Buchanan, Superannuation & SMSF
by David Buchanan, Director My first article in this series drew attention to the fact that accountants must now be licensed to be able to provide advice about superannuation and SMSF. I also highlighted a second, and equally important, matter of the formal...
Mar 27, 2018 | Blog, David Buchanan, Superannuation & SMSF
by David Buchanan, Director The delivery of advice for superannuation and SMSF changed on 1 July 2016 when specific amendments to the FOFA (Future of Financial Advice) legislation came into effect. Prior to this time, accountants were permitted to provide advice in...
Aug 15, 2017 | Blog, David Buchanan, DLA Private Wealth, Superannuation & SMSF
by David Buchanan, Director & DLA Private Wealth In a recent report by the Australian Prudential Regulation Authority (APRA) there were 590,102 Self-Managed Superannuation Funds in Australia at the close of the March 2017 quarter [1]. This represented an increase...
Mar 16, 2017 | Blog, David Buchanan, Superannuation & SMSF
by David Buchanan, Director In July 2016, legislation changed the way we as your accountant can advise on superannuation and SMSF. In the past, we could do this under the ‘accountants’ exemption’, but not any more. The new law imposed a range of restrictions on all...
Feb 2, 2017 | Blog, David Buchanan, Superannuation & SMSF
by David Buchanan, Director Major changes to superannuation were legislated in late 2016. They come into effect on 1 July 2017. While the media hype around super may have subsided, the need for action hasn’t. If you have a superannuation fund balance of $1.6M, you...
