News

ATO

ATO flags valuation guidelines

November 23, 2020

Tharshini Ashokan

The ATO has stressed the need for correct market valuations of assets for SMSF annual returns.

read more

Retirement

Self-funded retirees welcome review report

November 23, 2020

Jason Spits

Self-funded retirees have welcomed the Retirement Income Review final report as a necessary, fact-based appraisal useful for creating new policies.

read more

Retirement

Cost of retirement up in September quarter

November 23, 2020

Tharshini Ashokan

Retirees’ cost of living and spending rose during the September quarter despite the effects of the COVID-19 pandemic becoming less pronounced.

read more

Superannuation

SMSFs are cost-competitive

November 23, 2020

Darin Tyson-Chan

SMSFs with balances of $200,000 or more are as cost-effective as public offer funds, new research has shown.

read more

Retirement

Retirement system ontrack

November 20, 2020

Jason Spits

The federal government has highlighted findings from the Retirement Income Review final report that the current model is adequate and functional.

read more

Superannuation

SG rise not needed with improved efficiency

November 20, 2020

Jason Spits

Greater efficiencies in the retirement income system could allow people to have adequate retirement income without an increase in the superannuation guarantee, a retirement review has claimed.

read more

Retirement, Superannuation

Retirement objective a community decision

November 20, 2020

Jason Spits

The greater community needs to set the objective for the retirement income system but must avoid vague outcomes that achieve little, the Retirement Income Review has recommended.

read more

Retirement, Superannuation

Industry bodies highlight specific report areas

November 20, 2020

Darin Tyson-Chan

The financial services industry bodies have highlighted specific areas of the Retirement Incomes Review for specific scrutiny but have all in the main welcomed the report.

read more

Residential Property, Superannuation

Changes needed for equity release solution

November 20, 2020

Darin Tyson-Chan

Certain aspects of the domestic financial aspect have to change if the home equity release is to play a larger role in people’s retirement incomes as suggested in the government’s Retirement Income Review, a university professor has said.

read more

ATO

Now a good time to come clean

November 19, 2020

Jason Spits

No-action positions taken by the ATO should encourage SMSF trustees to voluntarily tackle other compliance-related issues in their funds, an SMSF lawyer has advised.

read more