Having started this project back in May 2018, we are pleased to advise that on Monday, 12 November 2018 the Future of SMSF final report will be released. The report is the largest we’ve ever produced from a record number 488 participants. The final report includes 10 chapters, 14,878 words and 47 charts & diagrams…
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“SMSF advisers will be able to use a new assessment tool developed by Smarter SMSF to benchmark the areas in which they may need to improve if they plan on growing or specialising in this area of advice.” Smarter SMSF chief executive Aaron Dunn said using eight metrics, including the number of SMSFs covered by…
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The registering of Treasury Laws Amendment (Enhancing Superannuation Outcomes) Regulations 2022 has provided the final piece to the contributions puzzle that will start from 1 July 2022. The budget measures announced a range of contribution changes, with the greatest interest arguably in the removal of the ‘work test’ for voluntary contributions from subregulation 7.01(3). Whilst removed…
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In the lead up to the Federal Budget each year, we see the Government strategically drip-feed information to the media about announcements that will form part of the budget papers. This year, we have seen the Government announce prior to the budget an extension of the current 50% temporary reduced minimum pension for the 2022-23…
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The Government announced a number of measures in this year’s Federal Budget that were generally positive news for the SMSF sector. Like many announcements, there is naturally more ‘devil in the detail’ when it comes to these measures being released by Treasury as an exposure draft for consultation. Recently, the SMSF Association has sought clarity…
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