News

ETFs, Investments

Schroders introduces new active ETF

Schroders Australia, active exchange-traded fund, ETF, Schroder Global Core Fund, Simon Doyle, Schroder Quantity Equity Product Global Core, Lukas Kamblevicius

Investors have been provided with a new avenue to access global equities through the release of a new actively managed ETF.

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ATO, Death benefits

Six-month death benefit guidance removed

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, ATO, death benefit payments, cashing, SIS Regulation 6.21(1), QC 42934, six months, Shelley Banton, ASF Audits, QC 45254, exempt current pension income, ECPI

The ATO has amended the rules regarding the acceptable timeframe in which trustees can implement when making death benefit payments.

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Division 296, SMSF, Tax

SMSF double whammy from new tax

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, Division 296, unrealised capital gains, appreciation, Accurium, Mark Ellem, capital gains tax credit, SMSF Professionals Day 2025

SMSFs trustees face paying tax on both unrealised and realised capital gains as a result of the proposed Division 296 tax.

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Pensions, Regulation

Legacy pension debt waiver still pending

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, commutation, legacy pension, asset test exemption, Heffron, Leigh Mansell, amnesty, legislative instrument, debt waiver, Centrelink, age pension entitlements, disallowance period

While SMSF members have been able to commute legacy pensions since late last year, the regulations waiving Centrelink debts are still not operational.

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Division 296, SMSF, Tax

WAM initiates anti-Div 296 petition

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, Wilson Asset Management, WAM, petition, Division 296, SMSF trustees, franking credit, 2019 federal election, Geoff Wilson, breach of the social contract, unrealised capital gains, indexation

An Australian fund manager has received significant support for a petition opposing the proposed Division 296 tax it has just begun circulating.

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Business News, Fixed Income

AUSIEX completes FIIG purchase

Australian Investment Exchange, AUSIEX, FIIG Holdings, Nomura Research Institute, Patrick Salis, acquisition

Investment platform AUSIEX has completed the purchase of fixed-income provider FIIG just over a month after announcing its plans.

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Contributions, NALI/NALE

In-specie transfer not a NALE trigger

An in-specie transfer an SMSF member makes with no purchase amount should not trigger the non-arm’s-length expenditure provisions.

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Division 296, SMSF, Tax

Opposition refuses to budge on Div 296

Two members of the shadow cabinet have reiterated the coalition will not alter its stance in opposing the taxation of unrealised gains under the proposed Division 296 impost.

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financial advice, Financial Planning, SMSF, Tax

Greater advice tax deductibility for SMSFs

SMSF practitioners have the ability to present their clients with larger tax savings on financial advice due to the ATO’s jurisdiction over the SIS Act.

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Retirement

Australian retirement mood improves

The optimism and confidence Australians have toward their own retirement has significantly improved over the past few years.

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