Articles by Jason Spits

SMSF, Superannuation

SMSFs best for member satisfaction

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, member satisfaction, Roy Morgan, public sector, industry fund, retail funds, Roy Morgan Single Source survey, Michele Levine

As super fund members report high levels of satisfaction with their fund, SMSFs continue to lead the field of retirement savings vehicles.

read more
financial advice, Financial Planning

Capacity limited but revenue climbs

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, Investment Trends, SMSF advisers, advice capacity, revenue, clients served, Yiğit Günhan, SMSF specialists, practice revenue, financial advice

Advisers are indicating they have limited capacity to take on new SMSF clients but also admitted this cohort is a key source of revenue for them.

read more
Division 296, SMSF, Tax

Div 296 asset values can be reduced

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, Division 296, asset values, super balance, Institute of Financial Professionals Australia, IFPA, Natasha Panagis, termination value, total super balance, $3 million threshold, The Super Playbook 2025, property

Assets in an SMSF can be reported at a lower value for Division 296 purposes through using an alternative super balance figure.

read more
Auditing

Highlight risks to avoid audit advice

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, auditor, risky assets, evidence, reasoning, The Super Playbook 2025, ARC Super, Ashley Course, investment strategy

Auditors can flag the presence of risky assets in an SMSF by highlighting the absence of evidence or reasoning for their presence in a fund.

read more
Retirement, Superannuation

Super valued, but early access a concern

Chris Grice, contribution rules, early access, financial security, Misha Schubert, National Seniors Australia, retirement plans, Super Members Council, superannuation, valued

The role of superannuation is highly valued by consumers, but many see early access as undermining its purposes and outcomes.

read more
ATO, Compliance, Investments, SMSF

Don’t classify gold, diamonds as collectibles

Gold and diamonds have never been considered collectible or personal-use assets and SMSFs should only classify them as physical assets.

read more
ASIC, financial advice, Financial Planning

ASIC levy to fall by over $500

The ASIC adviser levy is estimated to decrease by more than $500 as the regulator reduces the costs it will recover from the sector.

read more
Property, SMSF, Trusts

13.22C trust utility overrides its complexity

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, 13.22C unit trust, restrictions, ownership of assets, BT, Bryan Ashenden, property, investment

While 13.22C trusts are complex, their use inside an SMSF can provide trustees with more flexibility around the use of underlying assets.

read more
Crypto Assets, Cryptocurrency

Crypto holdings harder under Div 296

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, cryptocurrency, Division 296, retirement, Wilson Asset Management, discussion paper, unrealised gains, indexation, investment, SMSF portfolios, digital assets

The volatile nature of cryptocurrency will make its retention within an SMSF portfolio more difficult under the proposed Division 296 tax.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.