News : Strategy

ATO highlights professional advisers’ role in compliance

March 20, 2019

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

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Investments, Strategy, Superannuation

Default options, inertia key drivers for members

March 20, 2019

Jason Spits

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

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Strategy

Alternate or successor director for an SMSF? – Part one

March 20, 2019

Daniel Butler & Christian Pakpahan

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.

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Regulation, Strategy

SMSF body endorses six-member fund maximum

March 18, 2019

Darin Tyson-Chan

The move to increase the maximum number of SMSF members from four to six has met the approval of the peak sector body.

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Compliance, Strategy

Six members may require corporate trustee

March 14, 2019

Darin Tyson-Chan

Having a corporate trustee may be the only solution for some SMSFs wanting to increase the number of fund members to the maximum of six.

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Strategy, Tax

Allowance a more solid link to dependency

March 12, 2019

Darin Tyson-Chan

A sector expert has suggested the payment of an allowance as opposed to specific expenses is a more prudent method of establishing financial dependency and the associated favourable tax treatment in the event of an SMSF death benefit being paid.

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Pensions, Strategy

Pension phase may become redundant

March 11, 2019

Darin Tyson-Chan

Should the Labor Party’s change to the franking credit system be introduced as law, it may no longer be beneficial to have an SMSF that is purely in pension phase, a sector specialist has said.

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Strategy, Superannuation