FOR IMMEDIATE RELEASE Smarter SMSF Launches New Legacy Pension Hub to Assist with Regulatory Changes Smarter SMSF is pleased to announce the launch of its new Legacy Pension Hub, designed to assist professionals in navigating the recent regulations regarding the exit of certain retirement legacy products. The Legacy Pension Hub, integrated into the Smarter SMSF…
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…
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…
In episode 25 of our Feeling Smarter videos, Aaron and Tim whilst travelling with the SMSF day events, delve into the often-complex world of estate and succession planning within the realm of SMSFs. These events sparked a myriad of discussions, underscoring the vital need for strategic planning and the nuanced considerations that come with…
In episode 21 of the feeling smarter weekly video series, Aaron Dunn and Tim Miller from Smarter SMSF delve into the intricacies of transition to retirement income streams (TRIS), shedding light on the technical challenges and planning opportunities that lie within. TRISs are designed to offer flexibility for members approaching retirement, allowing access…
