News

Pensions

Annuities exempt from pension changes

annuities minimum pension

Term and lifetime annuities will not be affected by the change in minimum pension payments.

read more
ATO, Investments

In-house asset obligations must be maintained

in-house asset relief

The ATO’s coronavirus relief provisions do not extend to in-house asset ratios or investment strategies, with trustees reminded to maintain their obligations.

read more
Financial Planning

Advisers hopeful about COVID-19 impact

coronavirus financial advice

More than 75 per cent of financial advisers expect the economic impact of COVID-19 to result in long-term demand for financial advice, a survey has revealed.

read more
ATO, Superannuation

Actuaries want greater ATO involvement in super relief

ATO coronavirus relief

A call has been made for the ATO to play a more active role in the early release of superannuation benefits as a coronavirus financial relief measure.

read more
Regulation, Superannuation

COVID-19 knocks super reforms off track

covid-19 superannuation reforms

A newly revised parliamentary timetable will add further delays to superannuation reform measures announced in the 2019 federal budget.

read more
Pensions

Create amnesty to exit legacy pensions

legacy defined benefit pensions

The current market downturn has highlighted the need for legacy defined benefit pensions to shift to more modern alternatives.

read more
Property

Current property prices unrepresentative

property prices COVID-19

Current property prices should not be given too much importance due to the market effect of COVID-19, a fund manager has said.

read more
Superannuation

SMSFA lobbying for further relief

SMSF Association corona relief

The SMSF Association has asked the government to boost the measures aimed at providing financial relief from the impact of COVID-19.

read more
ATO, Superannuation

ATO issues SMSF early release details

SMSF early release

SMSF members have been given details about how they can gain early release to their funds under the government’s coronavirus relief provisions, with the ATO urging caution for trustees.

read more
Pensions

Act fast on reduced minimum pension

reduced minimum pension

Advisers should keep in mind the existing “pecking order” for taking benefit payments exceeding the minimum pension when applying the government’s new reduced minimum pension measure, an SMSF technical expert says.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.