NALI – Non-arms’s length income

Investments in related unit trusts are a popular investment vehicle for many SMSFs. Often the focus of these investments is ensuring that the unit trust investment complies with a host of legislative requirements in the SIS Act such as: the in-house asset rules, sole purpose test and ensuring all investments are [...]

2017-10-31T06:06:31+10:00 August 11th, 2016|Categories: Audit News|Tags: , , , , , , , |Comments Off on NALI – Non-arms’s length income

Rise in Preservation Age

With the beginning of a financial year upon us, SMSF trustees would have already been busy planning & executing various actions within their funds – reviewing investment strategies, ensuring their records are up to date and audit ready, and documenting pension commencements and commutations. With pension commencements in particular, trustees should [...]

2017-10-31T05:56:25+10:00 July 5th, 2016|Categories: Audit News|Tags: , , , |Comments Off on Rise in Preservation Age

We need your support – SMSF Service Provider Awards 2016

We’ve done it again! Evolv is thrilled to announce that, for the second time in a row, we have been nominated for the 2016 CoreData SMSF Service Provider Awards in the category of SMSF Auditor. Recognising the best service providers in the self-managed superannuation fund industry, the Evolv team are thrilled [...]

2017-10-31T06:00:42+10:00 June 17th, 2016|Categories: Audit News|Tags: , , , , |Comments Off on We need your support – SMSF Service Provider Awards 2016

Be careful acquiring more units in Pre-99 trusts

There is a common misconception that where acquiring units in a related, “pre 1999 trust”, the rules contained in SIS Regulation 13.22C are applied to the new units at the time of acquisition. SIS Regulation 13.22C sets out strict criteria to be met in order for a related party investment to [...]

2017-10-31T06:13:22+10:00 May 25th, 2016|Categories: Audit News|Tags: , , |Comments Off on Be careful acquiring more units in Pre-99 trusts

The ATO reports continued growth and positive returns for the SMSF industry

On 16 December 2015 the ATO released their latest SMSF statistics, the Annual Self-Managed Superannuation Funds: A Statistical Overview 2013-14 and the September 2015 edition of the quarterly Self-Managed Superannuation Funds Statistical Report . ATO Assistant Commissioner Kasey Macfarlane provided commentary on the increase in numbers of funds and members, and [...]

2017-10-31T06:23:19+10:00 February 12th, 2016|Categories: Audit News|Tags: , |Comments Off on The ATO reports continued growth and positive returns for the SMSF industry

Financial decisions and ageing – be super prepared

Given our superannuation becomes increasingly valuable as we grow older, shouldn’t we consider how to ensure it is managed in our best interests sooner, rather than maybe before it’s too late? Arthur Favos, Head of Superannuation at Evolv, joins the conversation in the sensitive issue regarding ageing and our ability to [...]

2017-10-31T06:28:21+10:00 November 30th, 2015|Categories: Audit News|Tags: , , , |Comments Off on Financial decisions and ageing – be super prepared

The super audit revolution

Take a look at our managing director Ron Phipps-Ellis' article in this months Self Managed Super Magazine. Ron talks about how technological innovation is changing the SMSF audit industry, how SMSF Audits are performed and the value they may add in the future. Read More >>

2017-10-31T06:30:56+10:00 November 13th, 2015|Categories: Audit News|Tags: , , , , |Comments Off on The super audit revolution