SMSF trustees need to have planned some tax minimisation strategies well in advance of the commencement of a pension, and also should allow for any future change in member circumstances, a superannuation technical specialist has warned. Addressing the situation of trustees wanting to separate the taxable component of their benefits from the tax-free component, BT […]

Research into the superannuation industry has shown financial planners’ expectations of how much SMSF client revenue would contribute to their practices over the past three years have not been met.

The fourth annual SMSF Service Provider Awards have named the most innovative and top performing businesses in the sector as voted by trustees. Industry research specialist CoreData, in conjunction with , recently hosted the awards ceremony in Sydney, recognising the leading market participants across the SMSF value chain. The best of the best were acknowledged across […]

SMSF trustees must place greater importance on their estate planning arrangements and engage with a professional adviser, otherwise they could experience pitfalls and expensive court cases due to incorrect documentation. “One of the biggest issues is the actual need for estate planning with super because most trustees are mistaken in the fact that they think […]

Putting in place a binding death benefit nomination (BDBN) that does not lapse after three years should be the preferred estate planning strategy for SMSF trustees, according to a specialist superannuation educator. Speaking at the Australian Investors Association 2016 National Conference, SuperConcepts executive manager of SMSF education David Busoli said: “With binding death benefit nominations […]

The only way to address inflation risk and longevity risk is to invest in growth assets, according to a leading financial author. “You can’t just be invested for interest to deal with inflation risk and longevity risk. You need to have growth assets where you’re getting some growth in the capital as well as an […]

The federal government today released the first tranche of exposure draft legislation for superannuation reforms that were announced in the 2016 federal budget.

Federal Revenue and Financial Services Minister Kelly O’Dwyer has branded the super policy of opposition leader Bill Shorten backwards and an attack on aspirational Australians trying to save for their retirement.