News : Superannuation

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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Superannuation, Tax

ALP proposals aimed at boosting industry funds

Proposed changes to superannuation and tax are designed to bolster industry funds, according to I Love SMSF founder Grant Abbott.

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ATO, Retirement, Superannuation

ATO stresses commutation authority strictness

Commutation authorities must be actioned in a specific manner to avoid any associated adverse consequences, the ATO has said.

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Superannuation

SMSF result strong as AMP profit plunges

The performance of AMP’s SMSF business, SuperConcepts, remained strong amid a significant fall in profits experienced by the financial services company.

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Appointments, Retirement, Superannuation

Westover joins Deloitte

SMSF and super expert Liz Westover has joined Deloitte as a partner after departing PwC in December 2018.

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Retirement, Superannuation

SMSFA pushes for spousal rollover measure

The SMSF Association has used its budget submission to call for the introduction of a spouse rollover measure to close the gender retirement gap.

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