Class has released a major update, including capital gains tax (CGT) relief applications and the recording of pension transactions for the $1.6 million transfer balance cap reporting, ahead of the substantial superannuation changes commencing on 1 July.

With a lot of focus on the lead-up to year end, particularly when dealing with the upcoming changes to super from 1 July, some SMSF trustees may face additional issues due to members having multiple pensions.

With less than four days until 30 June, SMSFs have been told not to postpone speaking to an adviser about their circumstances and any planning opportunities in relation to the imminent super changes.

BT Financial Group (BTFG) head of SMSF Craig Lawrenson is stepping down from his role to take up the newly-created chief operations officer (COO) position at wealth management platform Hub24.

BT Financial Group (BTFG) head of SMSF Craig Lawrenson is stepping down from his role to take up the newly-created chief operations officer (COO) position at wealth management platform Hub24.

SMSF trustees are currently showing a strong demand for high-quality, long-term unlisted property and also diversifying their portfolios by choosing certain investments across a range of funds, according to a specialist property manager.

The SMSF Association has warned SMSF members in the pension phase to ensure they meet their minimum pension payments by 30 June.

The latest analysis of the superannuation industry has shown generation Y having a very healthy attitude toward retirement saving, reinforcing recent demographic shifts in the SMSF sector, an industry technical expert has said.

The SMSF Association has thrown its support behind the Australian Law Reform Commission’s (ALRC) recommendations in its final report on elder abuse as they encompass positive steps towards helping to mitigate possible risks faced by ageing SMSF members.