News

NALI/NALE

NALE fix possible in pending changes

NALE contribution rules

Pending changes to contribution rules being considered by the ATO could factor in a fix for the problems with the NALE provisions presented by the superannuation industry.

read more
Estate Planning, Retirement

Return focus of super to retirement spending

retirement estate planning

The end result of superannuation should be spending in retirement and not estate planning, according to a technical expert.

read more
Superannuation

Old terminology hindering wind-ups

trust deeds terminology

Outdated terminology in trust deeds could impact an SMSF’s ability to wind up, a technical expert has pointed out.

read more
ATO

ATO automation requires patience

ATO SMSF Association

The ATO is working towards increasing its use of technology, but the industry needs to be realistic as to how long it will take for this to happen.

read more
Superannuation, Tax

No new super taxes from coalition

superannuation taxes

The Morrison government has vowed there will not be an increase to superannuation taxes should it be returned at next month’s federal election.

read more
Insurance

Insurance payment confusion can derail benefits

SMSF life insurance

The SMSF sector has not properly understood how life insurance premiums can be paid from a fund, which may lead to problems when benefits are paid.

read more
Auditing

SAN misuse action having effect

SAN misuse action

Positive results are materialising from the ATO mail-outs to auditors and trustees as a means of addressing instances of SMSF auditor number misuse.

read more
ATO

IHA breach possible after lease ends

in-house asset breach

An in-house asset breach can still occur if an SMSF ends the lease of an asset to a related party, particularly under suspicious circumstances.

read more
ASIC

ASIC suspends Dixon Advisory licence

ASIC Dixon Advisory

ASIC has suspended the operating licence of Dixon Advisory from early May as it continues to progress its civil proceedings against the group.

read more
Investments

NFT risks raise questions on SMSF use

NFTs investment

The risks inherent in NFTs will be a chief consideration as to whether they should be included in an SMSF investment portfolio.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.