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SMSF Adviser latest news
- Stats show global market stability concerns despite increased growth in SMSF sectorThe SMSF sector continues to grow, with nearly 10,000 new funds added in the last quarter, however the latest quarterly statistics from the ATO show continued market volatility has impacted investment choices.
- PBR emphasises importance of NOI in claiming contribution deductionA member is not eligible to claim a personal superannuation contribution deduction without a valid acknowledgement letter before the lodgment of a tax return, a recent private binding ruling has clarified.
- FSCP reprimands adviser over super adviceA financial adviser has been reprimanded by the FSCP for contraventions under the Corporations Act regarding superannuation advice.