RSM Australia

Frank Lo Pilato
Managing Partner - Canberra

Biography

Frank is a Partner of Restructuring & Recovery and Managing Partner of Canberra. He provides advice to clients on all areas of personal and corporate administration. Frank was appointed Canberra office managing partner on 1 July 2014 and joined RSM Australia in 1991.

With over 25 years’  in the industry Frank has extensive experience working with individuals and businesses who are experiencing financial or operational challenges. He is a strong believer in identifying and acting on early warning signs to achieve the best possible outcome for his clients.

Frank Lo Pilato is a Partner of RSM Australia Partners and a Director of RSM Australia Pty Ltd.

Solutions Frank provides

Frank has considerable experience in the areas of corporate reviews, accounting and insolvency services. He experience includes the following areas:

  • strategic and business reviews
  • turnaround management and workout advice
  • valuations and investigations
  • due diligence reviews
  • formal insolvency appointments as governed by the Corporations Act
  • expert witness
  • bankruptcy – the conduct of formal personal administrations as governed by the Bankruptcy Act
  • part X arrangements under the Bankruptcy Act

Significant projects

Frank's experience extends to a wide range of projects in the following industries:

  • building and construction
  • hospitality
  • Aboriginal and Torres Strait Islander affairs
  • information technology
  • retailing
  • transport
  • restaurants and cafes
  • manufacturing
  • pubs and clubs
  • government funded not-for-profit

Professional associations

  • Fellow, Chartered Accountants Australia and New Zealand

Qualifications

  • Bachelor of Economics (ANU)

Registrations

  • Registered company liquidator
  • Official liquidator
  • Registered trustee in bankruptcy
Publications

Personal Insolvencies on the Rise

14 December 2016
In a sign of the challenging economic circumstances that face certain industries and geographic areas throughout Australia the number of personal insolvencies in Australia has risen by 4.4% in 2015 / 16 as compared to 2014 / 15. This is the first increase in formal personal insolvencies since the Global Financial Crisis. A total of 29,527 ind...

Untrustworthy advisers exploit unsuspecting directors

21 September 2016
Our August Newsletter ('Phoenix Rising: ASIC Keeps Eagle Eye on Professional Adviser') noted ASIC’s prosecution of a business adviser who assisted a director to breach his statutory duties. ASIC has now written to company directors highlighting the need for caution when contacted 'out of the blue' by advisers seeking to assist them in cas...

Director Penalty Notices - An explanation of the Director Penalty Regime

13 April 2016
What is a director penalty notice (DPN)? A notice issued by the ATO, which if not complied with by the due date, makes a director personally liable for the penalty amount until it is paid in full. The director penalty regime applies to: Unpaid Pay As You Go (PAYG) withholding amounts Unpaid Superannuation Guarantee Charge (SGC) ob...

ATO more aggressive in winding up businesses owing 100K+

21 May 2015
Businesses owing the ATO $100,000 have been wound up as a new crackdown gathers momentum. This indicates a clear change of focus and increased enforcement for the ATO and the message is clear - get a payment plan in place ASAP, or face a real risk of being wound up. In June 2013 the ATO published its’ approach to taking firmer action in circum...