Articles by Jason Spits

Pension reserve shifts still possible

November 2, 2020

Moving pension reserves into an SMSF member’s account is still possible as long as it is allocated correctly and the cost of switching is considered.

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Education, FASEA

Few veterans required to complete eight units

October 29, 2020

Jason Spits

The number of veteran advisers required to complete a full course of study to comply with new standards is low compared to the total adviser pool, according to FASEA.

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Retirement, Superannuation

Fintech tool to overcome early release effect

October 29, 2020

Jason Spits

The effect of early release of superannuation on retirement income balances can be mapped according to a fintech firm which claims a new tool can also show how to offset that impact.

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Education, FASEA

Historical CPD doesn’t meet current standards

October 28, 2020

Jason Spits

FASEA has told a parliamentary committee historical CPD often falls short of new standards, which is why it has not been approved by the authority.

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Documentation

BDBN references to law incorrect

October 28, 2020

Jason Spits

SMSF trust deeds that rely on super laws to direct death benefits are incorrect as those laws only apply to retail and industry funds, an SMSF expert has warned.

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Documentation

Digital signatures still not ideal for deeds

October 27, 2020

Jason Spits

Making permanent changes to federal laws to allow electronically signed digital trust deeds will only assist SMSFs when all the states implement similar changes.

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Superannuation