Articles by Jason Spits

Pensions

TBC change offers pension fix opportunity

TBC pensions

The indexation of the transfer balance cap may create an opportunity for SMSF members to restructure pensions to reduce tax paid on those income streams.

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Superannuation, Tax

Super tax method inconsistent with policy aims

Superannuation tax

The government’s planned move to add a higher tax on superannuation earnings is inconsistent with claims the new tax would be an equitable measure.

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ETFs

Social good income ETF launched

Janus Henderson income ETF

Janus Henderson Investors has launched a fixed income ETF focused on companies working towards making social and environmental changes.

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Accounting

Earnings tax guidance reveals unknowns

super earnings tax guidance

Government guidance on its proposed superannuation earnings tax has raised questions about events that push people into the new tax threshold

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Superannuation, Tax

Reserves captured by earnings tax

reserves earnings tax

SMSFs with reserves will probably not be able to use them to pay the proposed higher earnings tax but have them allocated to members to assess the tax.

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Death benefits

EPOA can’t sidestep member benefit issue

EPOA member benefit

The use of an enduring power of attorney will not allow a member benefit to be paid after death and may not be in the best interests of the member.

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Superannuation

New policy hints at super objective

superannuation policies

While the government’s proposed objective for superannuation is still under consultation, new policies provide some of the detail as to how it will meet that objective.

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financial advice, Technology

Global advice platform launches in Australia

financial advice software

An advice platform with more than 30,000 users worldwide has set up operations in Australia after honing its offering for use by local advisers.

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Death benefits, Documentation

Gaming benefits may be tax exploitation

death benefits tax

Using undated documents to prevent a member benefit being paid as a death benefit may breach rules about promoting a tax exploitation scheme.

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Superannuation

Indexation key issue for female clients

TBC indexation female

The pending indexation of the transfer balance cap and exiting an SMSF are two key areas female clients are seeking information about currently.

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