News

Pensions

Check TRIS docs prior to conversion

SMSF, self managed super, TRIS, documentation, transition-to-retirement income stream, Accurium, Melanie Dunn, condition of release, retirement-phase pension interest, SMSF Professionals Day 2025

Practitioners should check the documentation regarding a client’s TRIS to ensure it is not restricted if converted to a retirement interest.

read more
ATO, Pensions

Gap to occur in TBC updates

SMSF, self managed super, ATO, personal transfer balance caps, general transfer balance cap, transfer balance caps, TBC, indexation, pension, limited recourse borrowing arrangement, excess transfer balance, determination, commutation authority, ATO online services

The increase in personal transfer balance caps reported by the ATO will be delayed after the general cap rises but it will not issue determinations until an update is complete.

read more
ATO, Auditing, Compliance

Audit guidance reissued by ATO

SMSF, self managed super, audit, SMSF auditors, guidance, ATO, Part B, SIS Act, SIS Regulations, SMSF trustees, auditor contravention report, ACR

The ATO has released a lengthy guide on what it expects SMSF auditors to consider, noting these requirements are its minimum expectations.

read more
ETFs, Investments

BlackRock to launch US equity active ETF

BlackRock Australia, active ETF, exchange-traded fund, iShares US Factor Rotation Active ETF, IACT, Tamara Haban-Beer Stats, Philip Hodges

BlackRock Australia will release a local version of a US-focused active ETF that has delivered strong returns on a rolling basis in that market.

read more
Contributions, Tax

Timing key for CGT-linked contribution

SMSF, self managed super, CGT, contribution, deductible contribution, capital gains tax, Accurium, Lee-Ann Hayes, property, SMSF Professionals Day 2025

The timing of a deductible contribution to an SMSF is critical when implementing a strategy involving a capital gains tax event.

read more
ATO, Compliance

Trustee disqualifications track downwards

SMSF, self managed super, ATO, disqualifications, SMSF trustees, Disqualified Trustee Register, Federal Register of Legislation, SMSF Association, non-compliance, superannuation laws

New ATO figures have shown the number of SMSF trustees disqualified this financial year is tracking to be lower than the previous 12 months.

read more
financial advice, Financial Planning, SMSF

Advised SMSFs increase as sector grows

SMSF, self managed super, financial advice, Vanguard, Investment Trends, SMSF trustees, Renae Smith, financial adviser, intergenerational wealth transfers, estate planning, unadvised SMSF, advised SMSF, life insurance

The ongoing growth of the SMSF sector has been matched by the number of funds receiving advice, but a major cohort still does not receive any form of professional help.

read more
ATO, Cryptocurrency, Investments

ATO issues crypto warning

SMSF, self managed super, ATO, crypto-assets, SMSF trustees, crypto-investments, SMSF sector statistics, crypto-wallets

With SMSFs investing an increasing amount in crypto-assets, the ATO has issued a warning and some guidelines.

read more
Appointments

Shadow financial services minister named

Shadow financial services minister, Sussan Ley, Ted O'Brien, shadow treasurer, Pat Conaghan, shadow assistant treasurer, Luke Howarth, Jane Hume, Angus Taylor, Andrew Bragg, superannuation, first homes

The federal opposition will put forward new faces to represent the treasury and financial services portfolios in its parliamentary contests with the government.

read more
Contributions

In-specie contribution receipt varied

In-specie contribution, receipt, SMSF, self managed super, Accurium, Jason Hurst, Taxation Ruling 2010/1, beneficial ownership, direct shares, property, SMSF Professionals Day

Specific practicalities must be taken into account for different asset classes when officially recognising in-specie contributions.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.