Facing rapid market change and regulatory conditions, Aussie financial services firms are partnering with third-party firms more than ever before. Most often, this is an economic decision to remove tedious low-value work from teams who can focus on high-yielding activities, by re-allocating the services to regions with lower pay. Meanwhile, some firms opt to enhance […]
With social distancing restrictions from COVID-19 impacting almost every aspect of our daily lives we’ve been asking how estate planning can be validly completed and whether it’s possible to sign a Will electronically? Christina Wolfsbauer from Intello Legal outlines how you can still complete or update your SMSF estate planning during the COVID-19 restrictions.
You may have recently received an e-mail stating that smsfdataflow will no longer be supported and will cease operation on 1 March 2020. This web page contains essential information if you’ve signed up to use smsfdataflow for your SMSF to receive contributions from your employer.
Recently our Executive Director Kris Kitto and our Business Development Manager Jamie Libiets attended the SMSF Association National Conference #NC2019 in Melbourne at the Convention Exhibition Centre. The SMSF Association National Conference 2019 provided opportunity for advisers and accountants demonstrate strength of determination, integrity and vision to preserve a sustainable SMSF sector. Attendees were able to explore […]
“What do clients want?” It’s the question that advice businesses ask themselves. For a long time the financial services industry has been widespread with providers engaging with a client individually for all facets of their lives. Mortgage brokers, financial advisers, accountants, bookkeepers and banks to name a few have historically had one on one relationships […]
A core competency of most advisers and accountants in the financial services sector has traditionally revolved around their technical competency. Whilst this is still clearly a required skillset, I believe that most prospective employers simply assume a minimum level of technical competency and are increasingly looking for a broader set of skills. The difficulty […]
SMSFs can invest in Bitcoin and other cryptocurrency investments including Ethereum, IOTA, Ripple, Dash, Litecoin, Monero and Cardano. The recent surge in the price of Bitcoin has many investors seriously looking at crypto-currency as a part of their SMSF investment portfolio. So, can an SMSF invest in Bitcoin and crypto-currency, and if so, what must […]
Early in 2018, the New Payments Platform (NPP) will become operational and enable (almost) real-time processing of transfers between financial institutions. The implications of this for SMSFs and the financial services industry as a whole cannot be underestimated. The NPP will be a game changer. Think of the NPP as the rails and overlay services […]
Fintech offerings are re-shaping financial services by showing how nimble and efficient common financial and investment tasks can become. For example, robo-advisers have enabled investors to quickly and easily set up an account online, determine their risk profile and be invested into a diversified portfolio in less time than it takes to drive to a […]
Technology is quickly shaping the SMSF industry and is impacting all involved. Now, let’s not get caught up in all the hype around ‘Artificial Intelligence’ and ‘machines taking over jobs’ and really focus on the shift that is happening as we speak. Technology and data advancements are driving operational efficiencies and increasing the sophistication […]