Articles by Julie Steed

Investments

Alternative wealth accumulation structures

The reduction in the non-concessional contribution cap to $100,000 a year and to nil for clients with total super balances of $1.6 million or more has meant many clients are seeking alternative wealth accumulation vehicles.

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Superannuation

Considering alternative distribution structures

The introduction of the $1.6 million transfer balance cap and the reduction in contribution caps mean many clients need to consider structures outside of super for the distribution of wealth via their estate plans.

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Superannuation

SMSF exit strategies

We all know SMSFs are the fastest-growing sector of the super industry and this trend is likely to continue.

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ATO

SMSFs must heed ATO reserves advice

The ATO has recently outlined its concerns with the use of reserves in SMSFs, making it clear it expects them to use reserves only in limited circumstances and for legitimate purposes, as set out in section 115 of the Superannuation Industry (Supervision) Act 1993. 

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Compliance

Dealing with excess non-concessional contributions

The proposed introduction of a lifetime cap for non-concessional superannuation contributions has given renewed relevance to the rules governing excess contributions refunds.

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Compliance

Complying collectables

In just under a year, the new rules governing SMSF investments in collectables take effect. Julie Steed examines what steps trustees have to take to adhere to these regulations.

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Strategy

An alternative super estate planning strategy

Receiving a death benefit pension from an SMSF is a common estate planning technique. However, Julie Steed looks at how the use of testamentary trusts can lead to more efficient and tax-effective estate planning outcomes.

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Insurance

Year-end provides insurance opportunities

Changes to the regulations governing SMSFs mean year-end reviews take on new importance.

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