News : Superannuation

SMSF, Superannuation, Tax

Super changes benefit unions, ALP

Superannuation changes unions

Proposed changes to super will benefit union-owned industry funds, which support the government introducing these measures, an SMSF industry veteran has claimed.

read more
NALI/NALE, Superannuation, Tax

Govt has ignored industry concerns

NALE super tax

The federal government has ignored the superannuation sector in regards to the proposed $3 million super tax and NALE based on its budget announcements.

read more
Pensions, Regulation, Superannuation

Minimum pension normalcy back

Minimum pensions

Last night’s budget gave the industry a very good indication that minimum pensions will be returning to pre-COVID rates from 1 July 2023.

read more
NALI/NALE, SMSFA, Superannuation, Tax

Soft cap tax needs further consultation

super tax consultation

The SMSF Association has called on the government to allow for further consultation on the proposed soft cap tax after the budget unveiled no modifications to the measure.

read more
Superannuation, Tax

No new detail on $3m soft cap

$3 million super tax

There has been almost no new detail included in the 2023 federal budget regarding the proposed new tax on total super balances above $3 million.

read more
NALI/NALE, Superannuation, Tax

Budget draws mixed reactions

Budget reactions

The industry has praised the federal budget in relation to measures to make super fairer, but has called for clarification on certain provisions.

read more
SMSF, Superannuation, Tax

Soft cap could mean loss of assets

$3 million superannuation tax

Scenarios illustrating the egregious nature of the proposed $3 million soft cap on the super balances of individuals are beginning to surface.

read more
Retirement, Superannuation

Indexation most pertinent for initial pension

indexation TBC

The timing of pension commencement in the context of TBC indexation will be most relevant for members establishing their initial income stream.

read more
Superannuation, Technology

SuperConcepts adds open banking service

SuperConcepts open banking

SuperConcepts has announced a partnership with SISS Data Services to provide open banking services to its clients.

read more
Education, Superannuation

Accurium to provide stockbroker super training

Accurium SIAA training

The Stockbrokers and Investment Advisers Association has joined with Accurium to provide super-related training to its members.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.