Maintaining your knowledge and ongoing CPD/CPE hours is the most significant challenge for SMSF practitioners in today’s dynamic landscape. Legislation is constantly evolving, and so is regulatory change. For SMSF professionals, this requires timely comprehension of these issues and strategies to ensure the delivery of relevant and timely insights and opportunities for SMSF clients. As…
Details
In August 2015, over dinner and a few beers with Andy O’Meagher (Act2 Solutions) whilst travelling around Australia for BGL’s product updates (now RegTech), the seed of an idea was planted. We were discussing the SMSF landscape, and amidst the lively conversation, a vision began to form — what if there were an event that…
Details
As an early Christmas present and unexpected result for the Industry, Treasury Laws Amendment (Legacy Retirement Product Commutations and Reserves) Regulations 2024 were registered on the Federal Register of Legislation on 6 December 2024. In a nutshell it allows for the conversion of SMSF legacy pensions – complying lifetime, life expectancy (fixed term) and market…
Details
We are excited to release the new CSV import function on the new Smarter SMSF platform to complete various document orders from data that you have either exported from an external software system (e.g. Xero, xplan) or used the smarter .csv template to populated manually. The CSV import allows you to add client data to…
Details
The recently released Exposure Draft of Treasury Laws Amendment Instrument 2024 – SMSFs – legacy retirement product conversions and reserves marks a significant shift in how legacy retirement products are managed within the self-managed superannuation fund (SMSF) sector. Specifically, the regulations relax commutation restrictions on certain superannuation income streams and allow for more flexible management…
Details