præmium business solutions conference – 10 March 2010

With less than 2 weeks to go, have you registered for Praemium Business Solutions Conference?

The inaugural Praemium Business Solutions Conference will offer some new ideas and potential solutions for your business as we all face key issues as a result of the Global Financial Crisis and Government pressure for pricing structure changes.

Click here for the preliminary program and registration form

When: Wednesday, 10 March 2010
Time: 8.45am – 6.30pm
Venue: Star City, Sydney
Cost: $50 (GST inclusive) per person (including morning tea, lunch, afternoon tea and cocktails at the end of the day)

Make this the best $50 you spend this year, as this Conference will entitle you to 5.75 CPD points if you’re a member of the Financial Planning Association of Australia (FPA).

We hope to see you there!

Disclaimer: This information is of a general in nature and does not take into account your personal circumstances, financial needs or objectives. While Praemium Australia Pty Limited AFSL 297956 and its related entities (‘Præmium') endeavour to provide accurate and timely information Præmium do not guarantee that the information is accurate at the date it is published or that it will continue to be accurate in the future. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, individuals should seek independent financial advice and read the relevant Product Disclosure Statement or other offer document prior to acquiring a financial product.

user group sessions

We are pleased to invite you to attend our 2010 User Group sessions, to be held between March and April.

The User Group sessions will be conducted by Sean Crisp, our Client Service Manager, and will provide you with an opportunity to review recent enhancements, discuss functionality and future development. You will also meet other Præmium clients, giving you an opportunity to pick up some tips on how other people use the system.

The first round of User Group sessions are:

Sydney: Tuesday, 9 March – to coincide with Praemium Business Solutions Conference (see above for more information)

12pm – 1.30pm for Brokers & Financial Planners
3.30pm- 5pm for Accountants & Super Administrators

Venue: Level 30, 9 Castlereagh Street, Sydney NSW 2000

Melbourne

Tuesday 16 March - 12pm – 1.30pm for Brokers & Financial Planners
Thursday, 18 March – 12pm – 1.30pm for Accountants & Super Administrators

Venue: Level 1, 406 Collins Street, Melbourne VIC 3000

User Group sessions in Adelaide, Brisbane and Perth will be scheduled in April, so keep your eye out for more information.

As there are a limited number of places at these sessions, please register for the User Group near you by emailing and stating the city and date you wish to attend to rsvp@praemium.com.au

A light lunch/afternoon tea will be provided. There is no charge to attend a User Group session.

webinar – basic corporate actions

Our second webinar service for this year will cover the topic of Basic Corporate Actions – understanding DRP, rights issues, take up and buy backs. This webinar has been scheduled to take place on:

Date: Wednesday, 24 March 2010 Time: 11 – 11.45 am

There is no charge to attend our webinar service, however, you must register. To register for this session, click here.

new & improved BGL data transfer!

As the accounting and compliance software of choice for SMSF Administrators and Accountants, the BGL Simple Fund (BGL) data transfer with V-Wrap, saves you time, eliminates manual keying of entries, and transfers data at tax lot level to maintain the benefits of the V-Wrap corporate action processing and CGT optimisation.

Importing transaction history, exporting annual transaction data, and processing income journals are just some of the tasks that you can look forward to spending less time on. Combined, V-Wrap and BGL Simple Fund, transcend any other SMSF management solution.

Over the last year, we have been working more closely with BGL to improve the data transfer with BGL Simple Fund. A guideline is available on our website under Products and Services section, Get Help; or under Online Help within V-Wrap - Home> Transactions> Adding Transactions> Uploading a Data File> Applications that can provide transactional data files.

If you have any further queries on the data transfer process of BGL Simple Fund and V-Wrap, please contact the Client Services Team on mail@praemium.com.au or your local State Manager on 1800 702 488.

heffron's special offer

Deviating from a fund’s trust deed carries some important risks, for example:

Attack by disgruntled members, trustees, or beneficiaries;
Any action outside the terms of the trust may well be found to be invalid by a court and set aside; and
Potentially breaching SIS – exposing the fund and trustees to action (or at the very least, scrutiny) from the ATO.

Hence compliance is important – suggesting that reviewing the trust deed is an important part of any advice or audit process.

If you are interested in a review of your existing SMSF trust deeds and a potential upgrade we are pleased to advise that Praemium clients can access the Heffron SMSF trust deed at a discounted rate.

The Heffron SMSF trust deed offers a relatively unique structure in that it does not try and replicate precise SIS provisions which change regularly and which can result in a deed requiring constant amendment which is obviously costly and time consuming. Rather, the Heffron SMSF trust deed focuses on the key issues on which SIS provides little or no guidance – how is the fund managed when a member dies? What powers does the trustee have? What issues are decided by members?

For further information on Heffron's SMSF trust deed service please contact Heffron on 1300 172 247 or go to www.heffron.com.au

recent announcements & in the press

In case you missed the following recent announcements from Præmium or articles in the press, you can read them by clicking the links below:

You can view other ASX Announcements or articles in relation to Praemium at any time by visiting our ASX Announcements or In the Press section of the website.

Disclaimer: The information in this publication is of a general nature. While Præmium Limited and its related bodies (‘Præmium') endeavour to provide accurate and timely information Præmium do not guarantee that the information in this publication is accurate at the date it is received or that it will continue to be accurate in the future. Views expressed by contributors and/or services described which are provided by third parties are not necessarily endorsed by Præmium. No responsibility is accepted by Præmium for the accuracy of that information, and Præmium in no way takes any responsibility whatsoever for material contained on external websites referred to in this publication.

Issue 27 26 February 2010