Author: Lily Clarke

News

Productivity Commission Inquiry Report into Superannuation

10 January 2019 The SMSF Association has welcomed the Productivity Commission’s decision to follow our recommendations to improve SMSF advice standards and reject introducing minimum establishment balances as a way of ensuring the integrity of the SMSF sector. The Productivity Commission’s report into Superannuation was handed to the Australian Government on 21 December 2018 and publicly released…

News

Court decisions a sharp reminder of SMSF trustee responsibilities

Opinion piece written by John Maroney, CEO, SMSF Association Published in the Australian Financial Review on 02 January 2019. The outcome of two court cases involving self-managed superannuation fund (SMSF) auditors will have long-term consequences for SMSF advisers and trustees.The cases – Cam & Bear Pty Ltd v McGoldrick and Ryan Wealth Holdings Pty Ltd v Baumgartner…

News

Franking credits inquiry announced: Have your story heard – The Alliance for a Fairer Retirement System

Video featuring John Maroney, CEO, SMSF Association & Ian Henschke, Chief Advocate, National Seniors Published on the Alliance for a Fairer Retirement System website, 28 September 2018 The House of Representatives Standing Committee on Economics has announced an inquiry into the implication of removing refundable franking credits. This inquiry will report on the use of…

News

SMSF Association’s Policy Position: Labor’s Proposed Imputation Credit Policy

April 2018 Dividend imputation system distorted  The SMSF Association supports the current policy settings for the dividend imputation system. The current system prevents double taxation on company profits and ensures shareholders are taxed on company profits at their marginal tax rate. A shareholder in a company is therefore in the same economic position as a…

News

What an SMSF investment strategy means for non-SMSF investors

29 March 2018 Written by Robin Bowerman, Head of Market Strategy and Communications at Vanguard/Board Director of the SMSF Association With the long-term outlook for a lower-return, higher risk investment environment, investors have a particularly strong incentive to have carefully diversified portfolios and sound investment strategies. It is critical to handle these more challenging conditions…

News

Family super fun? Getting the kids involved

Written by Franco Morelli, Policy Advisor, SMSF Association December 2017 Running a self managed superannuation fund (SMSF) can be hard, but running a family is even harder. So why would anyone want to mix the two? When discussing SMSFs and children the narrative always suggests that it isn’t a very good idea, especially with the…

Research

SMSF retirement insights – SMSF Association and Accurium research

18 September 2017 The SMSF Association and Accurium are the first to publish detailed figures on how the retirement wealth of Australia’s SMSFs have changed post the 2016 SMSF annual tax returns. This new research features the increases in median SMSF balances and provides facts on retirees’ desired lifestyles in retirement including confidence levels on…