‘Current contribution caps don’t incentivise Australians to save for retirement’, says BDO
BDO has called on the government to review the contribution caps and consider the introduction of a lifetime concessional contribution cap.
SUPERANNUATION • Thu, 17 Feb 2022
Advisers warned on limitations with life expectancy estimates
Jeremy Cooper has highlighted some of the limitations in using average life expectancies when planning retirement income for individual SMSF clients.
ESTATE PLANNING • Tue, 08 Dec 2020
ATO issues draft legislative instrument for SMSF rollovers
The ATO has released a draft legislative instrument for consultation on the payment standard that will apply for SMSF rollovers and release authorities from 31 March 2021
SELF MANAGED SUPER FUND • Thu, 03 Dec 2020
Critical steps outlined with property transfers and trust cloning
While trust cloning can be an effective strategy for transferring an asset from a related trust to an SMSF without paying duty, it is vital the right steps are followed ...
SELF MANAGED SUPER FUND • Wed, 02 Dec 2020
Associations lobby government to ‘level the playing field’ with capital raisings
With SMSF and retail investors often missing out on ASX capital raisings, the SMSF Association and Stockbrokers and Financial Advisers Association have proposed a number ...
SELF MANAGED SUPER FUND • Mon, 30 Nov 2020
SMSF property spruiker sentenced in Brisbane District Court
A former Queensland property developer has been sentenced to five years’ imprisonment after being found guilty of six counts of fraud involving SMSF funds.
SELF MANAGED SUPER FUND • Fri, 27 Nov 2020
COVID-19 reveals ‘flaws’ with account-based pensions
With the pandemic impacting the financial positions of many retirees, the inadequacy of account-based pensions has left many superannuation fund members exposed, ...
SELF MANAGED SUPER FUND • Thu, 26 Nov 2020
Retirement Income Review reforms unlikely to happen till mid-2022
The release of the Retirement Income Review last week is only the start of a lengthy consultation process, with any significant changes or reforms stemming from the ...
SUPERANNUATION • Wed, 25 Nov 2020
Government pushed to rule out 3-year audits
While there have been no announcements regarding the proposed three-yearly audit cycle since June last year, one technical expert has urged the government to confirm that ...
SELF MANAGED SUPER FUND • Fri, 20 Nov 2020
