accountants

Policy and Regulation

Sherry warns of SMSF risk

The licensing of accountants to provide advice to SMSFs will help counter to the unreasonable leakage of superannuation members from funds, according to Nick Sherry, consultant at Citi. “There are far too many SMSFs that are sub-economic, that the operational costs cannot be justified. I see a level of mis-selling around property investment and I […]
Unintentional

This is the final edition of I&T News

All publishers regularly review the relevance of their titles, and all are trying to make sense of the combined effects of the global financial crisis, an advertising recession and the digital revolution. We are not the first and we will not be the last to rationalise our product line-up as a result. But at Conexus […]
Custody

The great data challenge

The challenge: combine investment data with member-specific details and present the particular information in a way that satisfies the needs of regulators, internal auditors and accountants. Currently, super funds have to collect around 900 data items on a regular basis to satisfy the needs of the Australian Prudential Regulation Authority (APRA). With effect from July, […]
<1of3>