As practitioners start to undertake the completion of the financials and SMSF Annual Return for the year ended 30 June 2020, many pension members are likely to have withdrawn more than the temporary 50% reduced minimum pension for the 2019/20 as a result of this amended legislation only taking effect from 24 March 2020. It…
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Having to postpone our SMSF Day 2020 events earlier this year in March/April, we remained hopeful that later in 2020 these events would be able to run around Australia. However, stage 4 lockdown in Melbourne and many state borders remaining closed for some time has meant that the team at Smarter SMSF had to revert…
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Investment strategies continue to remain a key focus area for the SMSF industry, in particular following the ATO’s updated guidance earlier in 2020. We’ve had a growing number of requests from our members and PAYG users of the Smarter SMSF platform about the requests from auditors to provide further evidence of the diversification requirement where…
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The most recent BGL sprint release saw the number of Smarter SMSF documents now available within BGL’s Simple Fund 360 grow to more than 20 documents. Over recent months, the Smarter SMSF development team has aligned the release of documents with the BGL product team to ensure timely release of SMSF documents for use. Importantly,…
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Earlier in this year as most Australian’s we were through the first stage of the coronavirus pandemic (COVID-19) we saw the Treasurer, Josh Frydenberg announce temporary regulatory relief in respect of online meetings and the electronic execution of documents for a further six months. You can read more about these announcements in our previous blog…
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