This document is up-to-date as at 11 May 2020 FAQ: COVID-19 and what it means for the SMSF sector In this current period of uncertainty, there are many questions around the new stimulus packages, early release of super, minimum pension withdrawal reduction, rental and loan relief and more… To help make it easier for you,…
Presented by Franco Morelli, Policy Manager, SMSF Association This webinar outlines the direct impacts of the latest announcements on SMSFs and key resources that will assist you during this difficult period. This webinar features: An SMSF Association update – how we are working to support SMSF trustees like you. Summary of key superannuation measures and…
Last updated on 25 March 2020 Over the past two weeks the Government has announced two economic stimulus packages to cushion the economic impact of the Coronavirus. A total of $189 billion is being injected into the economy by all arms of Government in order to keep Australians in work and businesses in business. This…
Thank you for joining in again and I trust that you, your family and friends are all well. There has certainly been a lot of water under the bridge since our last instalment less than a month ago and understandably many will be concerned regarding the combination of a global health emergency that has led…
Updated as of 22 April 2020Â The SMSF Association as a priority is actively monitoring the economic uncertainty resulting from COVID-19. We will provide updates as they are announced in conjunction with SMSF resources to help you navigate the challenges ahead. The latest updates on this page include ASIC’s relief measures announcement and resource, LRBA…
Over the past two weeks the Government has announced two economic stimulus packages to cushion the economic impact of the Coronavirus. A total of $189 billion is being injected into the economy by all arms of Government in order to keep Australians in work and businesses in business. This includes $17.6 billion for the Government’s…
The world is experiencing an unprecedented global event with the very real chance of an economic recession. It is important that as an engaged SMSF trustee, you understand the implications of the economic activity and ensure you have appropriate plans for your retirement. So how can you ensure your SMSF is best placed amid the…
Written by John Maroney, CEO, SMSF Association First published in Australian Financial Review on 05 March 2020. Licensed by Copyright Agency. The five ‘trigger’ situations include insufficient funds, declining mental or physical capacity, death, lack of time to oversee a fund and moving overseas indefinitely. The growth in the number of new self-managed superannuation funds (SMSFs)…
Over the last few issues, we’ve talked about building portfolios and a little while back talked of understanding some of the measures of performance in your SMSF so you can benchmark your own performance. But what about benchmarking the performance of the underlying investments you choose in your SMSF? Many SMSF trustees with exposure to…
Written by John Maroney, CEO, SMSF Association First published in Australian Financial Review on 01 February 2020. Licensed by Copyright Agency. Looking for straightforward advice and getting tied up in paperwork or high fees? Why it’s time for change. There is a pressing need for a new regulatory framework for self-managed super funds (SMSFs). The…