Jason Spits is a Senior Journalist with a broad focus on a variety of topics. He covers subjects ranging from finance and taxation to investments and regulatory changes. With a keen eye for detail and a knack for breaking down complex information, Jason provides informative and insightful articles for readers.
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Australia (National)
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Jason Spits' coverage focuses on legal and compliance matters, personal finance, and government regulation related to finance, investments, taxation, retirement planning, and industry-related topics. His articles frequently feature profiles on individuals or organizations within the financial sector as well as government announcements.
To effectively reach out to Jason with relevant pitches for his coverage area, consider offering expert insights or commentary on legal and compliance issues in the financial industry. Additionally, providing newsworthy profile features of individuals or companies within the finance sector could be of interest to him. Topics such as taxation policies, retirement planning regulations and government-approved financial products like ETFs might also resonate with him based on his past coverage patterns.
Given that there is no specific geographic focus mentioned for Jason's coverage areas in your provided details; it's reasonable to assume that he may cover international developments related to finance but keep in mind his previous work when crafting your pitch.
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A case brought by ASIC against a Dixon Advisory director alleging a breach of duties in regards to decisions about the insolvency of the advice group has been dismissed.
Trustees struggling to get formal property valuation evidence can use other forms of data to support their estimate, but they may be regarded as less reliable by the fund’s auditor.
IFPA has recruited a new technical expert from a major advice group, further adding to its abilities to provide specialist support for its members.
The use of a declaration of trust to deal with the ownership of SMSF assets has been undermined by ATO guidance and legislative changes.
SMSF members should be wary of short-term pension strategies and adopt a multi-year approach to prevent the process being viewed as a tax avoidance measure.
ASIC has begun court action against industry fund Cbus alleging long delays in the payment of insurance claims that impacted more than 10,000 members.
Pension documents lacking specifics due to age or because they were automatically produced should be reviewed so they meet new standards set out by the ATO.
The ATO’s focus on pension commencements means backdating them is risky and SMSF members should not have to do so if they adopt a two-step document process.
SMSF members drawing an income stream from their fund should declare the frequency of payments and their source as these types of transactions will come under greater scrutiny.
The definition of an SMSF member should be spelt out in a fund’s deed as superannuation law is vague on their status after they have died.
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