The more one thinks about it, the more convincing it becomes that the 650,000 SMSFs should pay an annual levy if they want to be covered for losses.
The Australian Financial Complaints Authority’s (AFCA) lead decision relating to MWL Financial Services has shed light on the practical impact of clients that have been reimbursed for their Shield ...
SMSFs now have to consider the need to hold insurance cover for their members. Michael Hallinan outlines the practical implications of this change and the issues trustees must consider. Trustees of ...
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