News

Superannuation

Thought leadership line up confirmed

SMSF Association conference

The thought leadership panel that will commence the SMSF Association 2020 National Conference has been announced.

read more
Business News

AFCA adds general counsel to senior staffers

AFCA general counsel

The newly created position of general counsel with the Australian Financial Complaints Authority has now been filled.

read more
Retirement, Superannuation

Compulsory superannuation necessity questioned

Compulsory superannuation

The review of the retirement income system should assess whether compulsory superannuation is still necessary, an industry consultant says.

read more
Property

DomaCom seeks broader equity release use

DomaCom seeks broader equity release use

Fractional property manager DomaCom is lobbying Treasury about allowing its equity release product to be used for a wider variety of strategies.

read more
Investments, Superannuation

SMSFs look beyond mainstream allocations

SMSF international alternative

The low interest rate environment is driving SMSF investors into offshore and alternative assets in greater numbers compared to their retail superannuation peers.

read more
Compliance

How quickly do death benefits need to be paid?

SMSF death benefits

Prescribed time frames are often applied to situations regarding financial matters. Meg Heffron examines what the dictated timelines mean for SMSF death benefits.

read more
ATO, Retirement, Tax

ATO seeks help on tax avoidance

ATO retirement schemes tax

The ATO has flagged a number of retirement planning schemes that may be involved in tax avoidance and has asked trustees and advisers to report their promotion.

read more
ATO

Super information can’t be cherry-picked

Lacey v Commissioner of Taxation

Certain ATO material cannot be used in isolation to determine a superannuant’s particular course of action to address an issue, a recent Administrative Appeals Tribunal case has determined.

read more
Retirement, Superannuation

SMSF Party renews calls for supporters

SMSF Party Grant Abbott

The SMSF Party has called for supporters to formally sign up so its registration can proceed within the next few weeks.

read more
LRBA

New TSB measure could hit SMSFs with LRBA

LRBA TSB measure

A new integrity measure that includes members’ share of LRBA borrowings in their TSB could have detrimental consequences for some, an SMSF legal firm warns.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.