News : Superannuation

Superannuation

Early release on compassionate grounds misconstrued

The ATO has revealed the circumstances allowing the early release of superannuation benefits on compassionate grounds in general have been misunderstood.

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Superannuation

From the editor: R-E-S-P-E-C-T

We’ve just returned from another SMSF Association National Conference and over the 12 years I have been covering this event the sector really has come a long way.

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Superannuation, Tax

Labor policy scraps tax equality

The scrapping of franking credit refunds unfairly targets SMSFs and goes against principles of equity within the taxation system according to the SMSF Association.

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Superannuation, Tax

Franking credits policy won’t weaken sector

The SMSF industry remains buoyant despite the franking credits proposal, indicating short term tax policy changes will not stifle the sector.

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Retirement, Superannuation

Retirement status critical for TRIS

Advisers need to correctly assess the retirement status of clients to avoid TRIS problems.

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Regulation, Retirement, Superannuation

Fatigue to blame for lack of super objective

Fatigue ultimately defeated the government and super sector’s efforts to enshrine the objective of super in legislation, an industry group head of policy has said.

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ATO, Retirement, Superannuation

Definition of contribution remains vague

There is no concrete definition of the term contribution in super law and income tax law, which can be problematic for clients.

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Regulation, Retirement, Superannuation

PM labels franking credit proposal as theft

review: superannuation; retirement

The Prime Minister has pushed back on Labor’s franking credit proposal, branding it as theft and an unfair tax grab.

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Superannuation

SMSF Association highlights PC cost change as win

To kick-off the SMSF Association’s national conference today, its chair highlighted a number of advocacy wins for the industry body.

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Regulation, Superannuation

Trustees maintain rage over franking credit policy

The House of Representatives Standing Committee on Economics public hearings into Labor’s planned changes to franking credit refunds have continued to invoke anger from SMSF trustees and self-funded retirees.

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