Earlier in May 2018, we held a webinar on transfer balance account reporting (TBAR as it’s now known… like we needed any more acronyms) for SMSFs and how these measures are going to significantly impact the way practices interact with their clients. In reality, it has been more than a decade since there was a…
Details
Since the release of the ATO’s letter to 17,700 trustees regarding concerns of the diversification requirement within their fund’s investment strategy, we have seen a significant level of activity and discussion around this topic… and in many respects that a good thing. Let me explain why… A view held by the Regulator is that some…
Details
As we know, the General Transfer Balance Cap (GTBC) was introduced from 1 July 2017, originally set at $1.6 million, and is a cap on the how much can be transferred to a retirement phase pension for a member. It is also the threshold for determining eligibility for various contribution measures. The cap is indexed…
Details
Since the introduction of the Smarter SMSF document packages, we have proudly focused on being a reliable, scalable, low-cost automated business that supports professionals in the SMSF sector. Having started out with a modest number of SMSF documents and CPD solutions, we have now grown to provide 70+ specialist SMSF documents and growing, in addition…
Details
There’s a growing importance and complexity that comes with SMSF pension documents. For many practitioners, there’s a continued reliance on your SMSF software to prepare pension documents, which raises a number of risks and important considerations. You can watch this recent webinar, where Aaron Dunn unpacks many of the issues in comparing standard SMSF…
Details