News

financial advice, Financial Planning, Management, Practice Management, SMSF, Superannuation, Technology

Advisers inactive over SMSF revenue

A large number of advisers have enjoyed an increase in SMSF client revenue, but have not introduced any specific measures to trigger this growth.

read more
Administration, Compliance, Division 296, Legislation, SMSF, Superannuation, Tax

Sector lag for Div 296 assessments

The ATO’s assessment of Division 296 liabilities for SMSF members will hinge on when tax returns are filed and may lead to delays.

read more
Accounting, financial advice, Financial Planning, Legislation

Adviser exodus must be stopped

A call has been made for the federal government to take urgent action to prevent the reduction in adviser numbers becoming a crisis.

read more
Compliance, Legislation, Pensions, Regulation, SMSF, Strategy, Superannuation

Pension commutation debt waiver secured

Legacy pensions unwound under the five-year amnesty introduced in December last year will not lead to adverse social security outcomes.

read more
Division 296, financial advice, Financial Planning, Insurance, SMSF, Superannuation, Tax

Revisit insurance set-up for Div 296

The treatment of insurance within an SMSF will need to be revisited as to determine the effect of policies on a member’s division 296 tax liability.

read more
financial advice, Financial Planning, Retirement, Strategy

Personal data boosts retirement income

Australians can enjoy a better outcome if they include their personal and household information in their retirement income strategy.

read more
financial advice, Financial Planning, Technology

Padua moves to improve advice sector

Padua Solutions has acquired SMSF insights provider Wealth Data in its pursuit of continually improving the standard of financial advice.

read more
Contributions, Division 296, financial advice, Financial Planning, SMSF, Superannuation, Tax

NCCs not a Div 296 earnings element

Non-concessional contributions will not play a role in the calculation of earnings for the Division 296 tax for SMSF members.

read more
Contributions, financial advice, Financial Planning, SMSF, Strategy, Superannuation, Tax

Reserving can’t sidestep Division 293

Combined superannuation contribution strategies will not create a method where SMSF members can avoid paying Division 293 tax.

read more
Administration, Death benefits, Estate Planning, financial advice, Financial Planning, SMSF, SMSFA

Death does not stop income allocation

The distribution of fund income may need to be made to an SMSF member even though the individual in question has passed away.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.