Author: Cassandra De Conno

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Three-year SMSF audits are no ‘fix-all’ solution

Opinion piece written by John Maroney, CEO, SMSF Association Published in the Australian Financial Review on 12 September 2018.  In the 2018 federal budget, the government announced a proposal to allow self-managed superannuation funds (SMSFs) with good record-keeping and compliance records to have an audit once every three years rather than every year. At first…

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Guard your super

22 August 2018  Written by Robin Bowerman, Head of Corporate Affairs at Vanguard Australia/Board Director of the SMSF Association Critical challenges for super fund members in the accumulation phase are to keep their savings intact and to keep adding to those savings when possible with voluntary contributions. Australia’s $2.6 trillion-plus super savings can present a powerful temptation…

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Examining the S in SMSF

01 August 2018  Written by Robin Bowerman, Head of Corporate Affairs at Vanguard Australia/Board Director of the SMSF Association One of the great misnomers in the Australian investment scene is that self-managed super funds are actually self-managed. The simple reality is that there is an entire advice industry built around SMSFs – be they traditional…

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The future of SMSF reporting is here

Written by Jordan George, Head of Policy, SMSF Association The new financial year brings new reporting requirements for SMSFs and a new set of acronyms. From 1 July 2017 superannuation fund members are subject to a $1.6 million transfer balance cap (TBC) which limits the tax exemption for assets funding superannuation pensions. To support the…

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Fear factor investing

19 July 2018  Written by Robin Bowerman, Head of Corporate Affairs at Vanguard Australia/Board Director of the SMSF Association Fear is a factor in many of our investment decisions. Now, that’s not always a bad thing because fear can be an effective motivator that overcomes another great emotional roadblock for investors – procrastination. Fear can…

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The growth of savings outside super

02 July 2018  Written by Robin Bowerman, Head of Corporate Affairs at Vanguard Australia/Board Director of the SMSF Association Are you among the investors holding a growing proportion of your investments outside super? Changes to the super system – particularly the lowering of contribution caps and the introduction of the $1.6 million pension transfer cap*…

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Why SMSFs want estate-planning advice

22 June 2018  Written by Robin Bowerman, Head of Corporate Affairs at Vanguard Australia/Board Director of the SMSF Association An estimated 77,000 self-managed super funds (SMSFs) have unmet needs for advice on estate planning. The 2018 Vanguard/Investment Trends SMSF Report confirms that estate planning is among the highest unmet needs for advice. This equates to 13 per…

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SMSFs: Our ‘hardest’ jobs

18 June 2018 Written by Robin Bowerman, Head of Corporate Affairs at Vanguard Australia/Board Director of the SMSF Association What are the hardest aspects of running your self-managed super fund (SMSF)? Do they include keeping track of the seemingly-constant regulatory changes, handling the impact of those changes, choosing investments or handling your fund’s paperwork and…