News : Superannuation

Investments, Superannuation, Tax

Government super taxes hit by share buy-backs

Taxes collected by the government from superannuation funds are expected to dip as a result of recent off-market share buy-backs.

read more
ASIC, Education, Superannuation

Super complaints, consumers given funding boost

The government will investigate the creation of an advocacy body for superannuation consumers, while providing funding to deal with unresolved complaints.

read more
Superannuation

Contributions amendments get industry body support

The Financial Services Council (FSC) has strongly supported the changes to the contributions rules announced yesterday aimed at helping Australians nearing retirement boost their superannuation savings. Commenting on the development, FSC chief executive Sally Loane said: “The changes to extend access to the work test exemption, spouse contributions and bring-forward arrangements will provide workers nearing […]

read more
Retirement, Superannuation

Govt dilutes Work Test and extends bring-forward rule

Ahead of tomorrow’s Federal Budget, the Government has announced changes to super pitched at new retirees.

read more
Superannuation, Tax

Franking credits refund ban to still begin from 1 July

tax impact; franking credits

The abolition of franking credit refunds would begin from 1 July 2019 under a Labor Government, regardless of whether the required legislation was passed.

read more
Superannuation

Attacks on SMSFs ignore behavioural fundamentals

An online investment marketplace provider has stated the appeal of SMSFs to fundamental elements of human behaviour is being ignored in the arguments against them.

read more
Superannuation, Tax

Franking credit removal will create two SMSF classes

The removal of franking credit refunds will divide SMSFs into two classes based on which funds are able to continue to claim them into the future.

read more
Retirement, Superannuation

ASFA calls for SG rise from this year onward

ASFA has called for the SG rate to begin moving to 12 per cent after this year’s budget if there are indications of a future surplus.

read more
Superannuation

Senate Committee divided on bill to lift SMSF member limit

A proposal to allow SMSFs to have six members has received support from a Senate committee despite calls from its ALP members to block the move.

read more
LRBA, Superannuation

SMSFA suggests better LRBA risk reduction solution

The banning of limited recourse borrowing arrangements will not be needed if certain other measures are implemented to lessen the risks involved with this type of gearing, according to the SMSF Association.

read more

Copyright © SMS Magazine 2024

ABN 43 564 725 109

Benchmark Media

Site design Red Cloud Digital