The SMSF Association has included a recommendation in its 2016 budget submission to allow individuals to carry forward the unused amount of their non-concessional contributions cap, enabling them to make larger superannuation contributions when they have the capacity to do so.

The SMSF trust deed is the most important document when a member passes away as it ultimately determines how the death benefits are distributed, a leading superannuation legal firm has said.

Miller SuperSolutions is developing a new all-inclusive financial services education platform.

The federal government announcement last week of its intention to implement the Financial System Inquiry (FSI) recommendation to have the purpose of superannuation enshrined in law has been met with a mixed reaction from the SMSF sector.

The SMSF Association has raised its strong objection to any moves by the federal government to cut the non-concessional contributions caps from the current level of $30,000 to $20,000 as part of this year’s budget.