News : Strategy

Documentation, Strategy

Wording can undermine BDBN

The wording of a binding death benefit nomination is paramount in determining its efficacy, a specialist lawyer has said.

read more
Strategy, Superannuation

Fund balance questions overlook pooling advantage

Small wooden figures illustrating a pool of people and fund balances in an SMSF

Concerns about member balances in SMSFs overlook the fact many funds are set up with multiple members boosting the fund balance, according to Class Super.

read more
Strategy

Corporate trustee not foolproof

Sign reading caution as warning on use of corporate trustee stuctures in SMSFs

Significant events such as having a fund member die can highlight the flaws contained within a corporate SMSF trustee structure, according to an industry strategy specialist.

read more
Retirement, Strategy

Retirees not achieving financial security

Man seeking financial security lost in maze raising arms in frustration

Financial security and peace of mind rank as key concerns for retirees, with no identifiable solutions to these issues, a recent study has shown.

read more
Strategy, Superannuation

Easing of contribution rules can be powerful

A policy specialist has identified that maximising the ability for 66 and 67 year olds to use the non-concessional contribution bring forward rule could result in a significant boost to these people’s retirement savings.

read more
Strategy, Superannuation

Contribution measures get mixed reaction

The federal government’s decision to scrap the work test and enable the non-concessional contributions rule for people aged 65 and 66 has been met with a mixed reaction.

read more
Strategy

Alternate or successor director for an SMSF? – Part two

&

DBA Lawyers compares the option of a director nominating an alternate director in contrast to nominating a successor director in an SMSF context to determine which is better.

read more
ATO, Strategy

ATO highlights professional advisers’ role in compliance

Professional advisers have been recognised by the ATO for their work in ensuring SMSF trustees maintain their obligations.

read more
Investments, Strategy, Superannuation

Default options, inertia key drivers for members

New research from Vanguard has shown the default option in investments and asset allocations is the predominant setting for most super fund members.

read more
Strategy

Alternate or successor director for an SMSF? – Part one

&

DBA Lawyers compares the option of a director nominating an alternate director in contrast to nominating a successor director in an SMSF context to determine which is better.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.