Show download pdf controls
  • SMSF auditors notified of disqualifications

    We will notify SMSF auditors by email when we disqualify a trustee or director of the corporate trustee, of one of their SMSF clients.

    An email notification will be sent to the SMSF auditor reported in the fund’s most recent SMSF annual return - that is, the email address provided to the Australian Securities and Investments Commission (ASIC) in the ASIC Regulatory Portal. You must keep your contact details up to date and advise ASIC of any changes.

    If you find a disqualified person is continuing to act as a trustee (in contravention of section 126K of the Superannuation Industry (Supervision) Act 1993), you must report this contravention on an Auditor/Actuary Contravention Report (ACR).

    Do not rely on our email notifications as the only source of information about disqualifications. To ensure the disqualification of your SMSF client is still active, check our Disqualified trustees register.

    You should verify all new trustees yourself using the disqualified trustee register and make periodic checks on your existing clients.

    Auditors should also check whether trustees have been disqualified for other reasons such as they are insolvent, under administration or have been convicted of an offence involving dishonesty.

    See also

    Keep up to date

      Last modified: 12 May 2022QC 69596