An assessment of the interpretive assistance function of the Australian Taxation Office (ATO) as the regulator of self-managed superannuation funds (SMSFs) has found the timeliness of the service to be wanting.
The ATO’s interpretive assistance role is to provide information to help SMSF trustees understand their rights and obligations and is seen as one of the regulator’s core responsibilities.
The report recommended improving access to the ATO information about SMSFs and about interpretative assistance products may, in turn, increase the level of demand for these products.
Posted on 9 July '12 by editor, under News AUS. No Comments.
More than half of Australia’s retirees use social media weekly, providing an opportunity for Superannuation funds to interact with members, digital experts say.
A report has revealed that more than half of 65 to 75 year olds used social media, in the same way as younger generations do, to connect and research.
Posted on 9 July '12 by editor, under News AUS. No Comments.
A new industry report has found that accountants who use the same processes and procedures that they recommend to clients, have happier, more functioning clients.
For many accounting professionals, after a week assessing their clients financial health, checking on their own firms health is not always a priority.
But it is worthwhile, using products and techniques that are suggested to clients helps accountants keep their finger on the pulse of the financial industry.
Testing out ways to help out clients in our own firm is the most effective we can be sure we always give you the best advice.
Posted on 9 July '12 by editor, under News AUS. No Comments.
