This technical training event is designed to provide a smarter way forward.

The BIG issues and opportunities for 2019

What are the big-ticket items currently impacting the SMSF sector from a technical and regulatory perspective?

In this session, Aaron will be providing a legislative update across various issues impacting SMSFs including:

• An update on legislation impacting SMSFs – what made it and what didn’t before an election is called;
• the ATO’s decision impact statement on the sole purpose test from the AussieGolfa case – does it move the goalposts for related parties utilising fund assets such as property?
• Understanding key changes to contributions rules, including work test exemption contributions;
• Implications with changes to the non-arm’s length income rules

Furthermore, this session will be key in terms of opportunities for your SMSF clients in the lead up to 30 June, including looking at contribution strategies, considerations with a member’s total super balance (TSB), actions for your LRBA clients, key pension considerations and much more.

ATO Regulator’s Update  

Presented by Dana Fleming, Assistant Commissioner – SMSF Segment (Australian Taxation Office).

This session will include:

• An update on the ATO’s compliance program and ongoing role in monitoring the health of the SMSF system, including targeted audit activity, focus on the use of reserves, multiple SMSFs, transfer balance cap compliance, LRBA activity, and more;
• The ongoing role of trustee education, including recommendations from within the Productivity Commission
• Improved visibility of disqualified trustees

12 months on… lessons and the new frontier for pensions.

The requirements around pensions have changed substantially since the super reforms, having a profound impact not only on structuring and reporting, but also on the way in which tax exemption applies and can be optimised.

This jointly presented session will combine the actuarial skills of Act2 Solutions with the strategic thinking of Aaron to look at the impact of the changes regarding the payment of income streams from SMSFs, taking you from commencement, ongoing pension requirements and implications with the death of a member.

The session will also include a case study to help attendees further explore the implications and opportunities within this topic.

Getting your SMSF documents in order

There have been some significant lessons for practitioners over the past year that focus attention on the quality of the documentation you have in place to deal with changes within the fund, the payment of death benefits, pensions and more.

This session will explore the important ramifications from recent case law decisions, including Narumon’s case to help understand key lessons for today in dealing with documentation for your SMSF clients, including pensions, DBNs, changes within the structure of the fund and more.

Note: to be presented by Chris Hill, Hill Legal (MEL)

Case study

Responding to further change?

With the ever-growing likelihood of further changes to super under a new Government, how do we respond to the increasing client uncertainty?

In this session Aaron will explore the impact of proposed changes announced by Labor Party and discuss strategies in how practitioners might have their clients respond, but importantly manage the risk from legislative change.  This will include looking at changes to various contribution rules, franking credit refunds, LRBAs and other measures likely to impact pension-paying funds.