News : Superannuation

Superannuation

Super risks deterring contributions

Superannuation risks deterring contributions

Legislative risks in relation to super may be deterring younger people from topping up their balances during the current low interest rate environment.

read more
ATO, Superannuation

ATO issues update on new TBC debit

Rules to watch in the months ahead

The ATO has warned trustees that new transfer balance cap (TBC) debit rules might affect them following recent changes to superannuation rules.

read more
Retirement, Superannuation

Small contribution can shift retirement view

super contributions retirement

A small increase in super contributions can affect how people see their retirement prospects, shifting them from negative to positive.

read more
Administration, Superannuation

Split contributions to lower TSBs

Splitting contributions

Splitting a previous year’s contributions to a spouse is one of a few effective ways of reducing a TSB at 30 June, an SMSF technical expert says.

read more
Superannuation

SMSFs drive super system change

SMSF sector

The success of the SMSF sector is driving competition within the wider super industry, a senior government minister has said.

read more
Administration, Superannuation

SuperConcepts reports sharp asset decline

superconcepts

SuperConcepts has reported a sharp fall in assets under administration after a year of restructuring the SMSF administration business.

read more
Retirement, Superannuation

Actuaries Institute wants broader SG coverage

Superannuation guarantee cover

A call for the super guarantee to include more Australians regardless of their employment situation has been made by the Actuaries Institute in its submission to the Retirement Income Review.

read more
ATO, Superannuation

ATO death benefit ruling raises questions

ATO member benefit ruling

A private ruling by the ATO on the timing of a member benefit payment has raised questions about whether it is consistent with tax and super law.

read more
Superannuation

Impact of contribution change unclear

voluntary contributions age 64

The government needs to provide more information on its planned change to voluntary contributions after the age of 64 to allow the SMSF sector to factor it into this year’s strategies.

read more
Retirement, Superannuation

No negative retirement changes

superannuation changes negative SISFA

Any changes to the superannuation and retirement saving system should lead to no negative consequences for consumers, according to SISFA.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.