There was a point in time earlier this year due to the coronavirus pandemic, that the proposed changes from 1 July 2020 to increase the age limit to make contributions would not take effect as intended. However, we have now seen Superannuation Legislation Amendment (2020 Measures No. 1) Regulations 2020 registered, in which makes amendments…
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Treasury has released for consultation the Superannuation (Objective) Bill 2023 and Superannuation (Objective) (Consequential and Transitional Provisions) Bill 2023 for feedback, following on from stakeholder engagement earlier in the year on the need to legislate the objective of superannuation to provide a share direction for government, the super industry and Australians (as superannuants). The…
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In episode 44 of the Smarter SMSF podcast, Aaron is joined by Kevin Bungard, CEO of Class Limited to discuss the release of the June 2018 Benchmark Report, titled ‘the great pension squeeze’. In this session, Aaron and Kevin discuss just how much impact from a taxation perspective the super reforms have on Government revenues,…
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In episode 43 of the Smarter SMSF podcast, Aaron takes a look back at his open letter to the profession from the 2014 inaugural Future of SMSF report and reflects upon just how the SMSF sector has evolved during this time. Legislative change from 1 July 2017, Regulatory change (and more to come), and rapid…
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In a modern practice, the adoption of specialist cloud-based SMSF software is only one part of the jigsaw in developing a solution that is truly customer-centric. After introducing Steph Hinds from Growthwise onto stage as a speaker at last year’s BGL RegTech, I listened with great intent as she spoke to the ‘tech stack’ she uses…
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