Articles by Jason Spits

Investments, Technology

OpenInvest partners with advice firm

OpenInvest Peak

OpenInvest has joined with an advice firm working with high net worth clients to offer online investments to those still building their wealth.

read more
Pensions, Superannuation

TBC Indexation highly likely

TBC indexation

The budget has flagged ongoing high levels of inflation will continue into 2023 and will drive the transfer balance cap up to $1.9 million.

read more
Retirement

Budget should prompt CSHC reassessment

Budget CSHC

Budget changes to the income threshold for the Commonwealth Seniors Health Card may allow more self-funded retirees access to it.

read more
ETFs

Vanguard improves ETF offering

Vanguard ETF fees

Vanguard has upgraded its ETF offering by dropping certain fees and will soon release an automatic investment capability to this business arm.

read more
Pensions

Use current laws to release legacy pensions

laws legacy pensions

The lack of action in regards to an amnesty for legacy pensions may require SMSF members to use current laws allowing for an exit from market-linked pensions.

read more
Accounting

Focus on caps, thresholds post budget

caps thresholds budget

The May 2023 budget will now become the focus for key changes for the SMSF sector after the October budget did not address them.

read more
Superannuation

Budget noted for lack of changes to super

Budget changes superannuation

Industry groups have approved the lack of change in the federal budget and noted lobbying on a number of issues will continue in the lead-up to next year’s May budget. 

read more
NALI/NALE, Pensions

Budget silent on NALI, legacy pensions

budget NALI legacy pensions

The status of changes to non-arm’s-length income and expenditure and an amnesty to exit legacy pensions remains unknown after the government failed to address these issues in the budget.

read more
Downsizer

Cost of downsizer age reduction revealed

downsizer age reduction

A further reduction in the eligibility age for downsizer contributions will cost the government very little each year, according to the budget papers.

read more
Retirement

Health card, deeming rate changes introduced

deeming rates

The income threshold for the Commonwealth Seniors Health Card will increase, while deeming rates will be frozen as part of measures contained in the budget.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.