Articles by Darin Tyson-Chan

Contribution errors eliminated

June 14, 2022

The ability to repay non-concessional contributions accepted in error by superannuation fund trustees will be eliminated on 1 July.

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Property, Retirement

HEAS improves its appeal

June 9, 2022

Darin Tyson-Chan

An additional method of providing funding payments to consumers is about to be added to the government’s Home Equity Access Scheme.

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Financial Planning

SMSF data reflects advice upside

June 8, 2022

Darin Tyson-Chan

The most recent SMSF statistical overview released by the ATO points to a number of advice opportunities available for superannuants.

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Documentation

Off-the-shelf documents popular

June 7, 2022

Darin Tyson-Chan

The majority of advisers participating in a recent survey have indicated they favour using off-the-shelf documents for their SMSF clients.

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Administration, Technology

SuperMate attains milestone

June 7, 2022

Darin Tyson-Chan

The SuperMate administration software platform is now servicing 1500 SMSFs a few months after the launch of the latest version of the service.

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Pensions

June pension commutations best

June 6, 2022

Darin Tyson-Chan

Trustees considering commuting and restarting an income stream should cease the pension at the end of the financial year.

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Accounting

Crypto not significant yet

June 2, 2022

Darin Tyson-Chan

SMSF portfolio allocations to cryptocurrencies are still relatively low, but the ATO is expecting these to increase in the coming years.

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Investments, Technology

Lifespan introduces digital investment facility

June 2, 2022

Darin Tyson-Chan

Consumers who cannot afford financial advice have been provided with a digital investing platform to assist with their wealth-accumulation needs.

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NALI/NALE

Joint voices pick up NALE debate

June 1, 2022

Darin Tyson-Chan

Discussions regarding the enforcement of the NALE rules from 1 July 2022 onwards are continuing, with 13 industry bodies presenting a united voice.

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Death benefits

BDBN checking trigger exists

June 1, 2022

Darin Tyson-Chan

The provision of an additional piece of information to SMSF members could show the status of a death benefit nomination and act as a trigger for a review.

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