March 2019 Email Scam

March 2019 Email Scam – myGov tax refund notification Scammers are emailing people from a fake myGov email address, asking them to fill out an application to receive a tax refund. The image below is one example format this scam can take. Do not click anywhere in the email as it contains a malicious link…

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Low cost isn’t always best

We have recently taken on a Super Fund from a mass-producing administration firm offering low cost SMSF admin services. The response from the Super Fund trustees to my question of why they want to leave a low cost SMSF admin provider was profound: “we get what we paid for, cheap admin with nothing else! There…

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Choose wisely at the polls

Written by Tony Greco, Technical and Policy Affairs General Manage, IPA With the nation heading towards a federal election in 2019, it is important to analyse and evaluate the policy proposals from the major political parties. The impact on of the policies will vary depending on your circumstances. While this article lays out the conceptual…

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Is your SMSF adequately diversified?

Is your SMSF adequately diversified? SMSF trustees need to truly understand diversification and better diversify their portfolios. The benefits of a well-diversified portfolio are numerous but the key ones that SMSF trustees should focus on are: The benefits of mitigating volatility and short-term downside investment risks; and Preserving capital and the long-run benefits of higher…

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How to handle notifiable data breaches

How to handle notifiable data breaches Being the victim of a data breach can be daunting and can result in significant damage to your business. It is important to know what your obligations are and how to protect your clients and your business. If you thought that data breaches are confined to larger businesses, think…

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Mental health issues

Two super changes for the new financial year Managing employees who are experiencing stress, anxiety or some form of mental health condition has become a shared challenge for employers, HR and people managers. Trying to work out what causes mental ill-health in employees is difficult and fraught with risk. It is an invisible challenge that…

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