Self Managed Super Funds Archives - SMSF superfund
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Self Managed Super Funds

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19 Feb Rising numbers of trustees disqualified and recognised as not being ‘fit and proper’

As stated in the Commissioner of Taxations’ annual report; there was a significant increase in SMSF trustees being disqualified of their status. The grounds for disqualification include: For individual trustees Previous conviction of an offence involving dishonest Being subject to a civil penalty order Are insolvent under administration (or undischarged...

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