News : Superannuation

Insurance, Superannuation

SMSF members at risk of losing life insurance cover

SMSF members may lose life insurance cover held within an APRA-regulated fund if they fail to contribute to it or reactivate it before 1 July.  

read more
Retirement, Superannuation

Retirees squeezed by rates, longevity

Longer life spans and lower interest rates are putting pressure on retirement income streams that that could be resolved with new investment products.

read more
Pensions, Retirement, Superannuation

Poll indicates strong support for raising SG

superannuation; age pension; retirement

The majority of Australians are supportive of raising the rate of compulsory superannuation and believe the age pension alone will not meet their retirement needs.

read more
Administration, Superannuation

Regular processing crucial to SMSF compliance

SMSF administrators should consider processing funds on a monthly or quarterly basis in order to ensure better fund compliance with ATO requirements.

read more
Pensions, Superannuation

Overdue super and pensions review welcomed

Calls by the Treasurer for a review of the retirement income system have been welcomed, but such a probe has been labelled as overdue.

read more
Property, Superannuation

Super contributions better option than negative gearing

Concessional contributions into super are lower risk than negative gearing into property, despite many investors favouring the latter strategy.

read more
Superannuation

SMSF assets approach $750b mark

SMSF assets grew by 4.5 per cent in the year to the March quarter, coming close to hitting $750 billion, according to the latest APRA statistics.

read more
ATO, Superannuation

ATO protects $45m of super this year

SMSF; review; industry fund

In the current financial year, the ATO has protected $45 million in superannuation benefits due to its compliance and enforcement activities.

read more
Appointments, Superannuation

New super minister adds sector experience to role

The second Morrison ministry will feature a new face with 20 years’ experience in the financial services arena to oversee the superannuation sector.

read more
Regulation, Superannuation

SMSF changes must be aligned to super objective

Further changes to SMSFs need to be assessed against the objective of superannuation to avoid further instability being added to the sector.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.