61.4% of the world population has received at least one dose of a COVID-19 vaccine. 10.2 billion doses have been administered globally, and 18.22 million are now administered each day. Only 10% of people in low-income countries have received at least one dose.
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The ATO is encouraging SMSF trustees to use its voluntary disclosure service to inform it early if a contravention has occurred.
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The partner of a legal firm specialising in superannuation has revealed the concept of SMSF member mental capacity is becoming more prevalent in estate planning challenges, prompting the need for practitioners to amend their procedures regarding all fund actions.
Financial planning professionals should be having conversations with their clients as soon as possible about their aged care needs, says a specialist adviser.
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