by Team Garnet | Jan 25, 2024 | ATO, Superannuation
ATO is continuing to target illegal early release of super in 2024. Find out about the tools and strategies they are using this year. As a new calendar year commences, the ATO’s priorities in the SMSF sector remain consistent. As with previous years, the greatest area...
by Team Garnet | Sep 24, 2023 | Superannuation
ASIC has called on super trustees to step up efforts in the areas of dealing with member money and consolidating duplicate accounts. In recent media releases, ASIC has called on superannuation trustees to step up efforts in the areas of appropriately dealing with...
by Team Garnet | Aug 10, 2023 | ATO, Superannuation
The ATO has warned taxpayers against entering into an SMSF scheme which purports to allow individuals to purchase property using money from their superannuation. With the never-ending increase in Australian house prices, many desperate home buyers are often turning to...
by Team Garnet | Apr 7, 2023 | ATO, Insurance, Superannuation
ASIC has released a report which examines the progress by some super trustees to improve their arrangements for life insurance in super. The review was in response to issues ASIC have highlighted since 2019 to address consumer harms in life insurance in super,...
by Team Garnet | Feb 17, 2023 | Money, Superannuation
APRA has announced its policy and supervision priorities for the coming year with a heavy focus on superannuation. APRA (Australian Prudential Regulation Authority) has recently released its policy and supervision priorities for 2023. For the superannuation space,...
