NewsSMSF Insights

When stepchildren miss out on inheritance

Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 4 November 2022. Licensed by Copyright Agency.  An ATO ruling that excludes family members on the death or divorce of their natural parent seems arbitrary in a society where blended families are widespread. For self-managed super fund trustees, the issue…

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Deciding who gets your super after you die? Follow these three steps

Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 5 October 2022. Licensed by Copyright Agency.  The High Court decision in Hill v Zuda has given trustees greater certainty around binding death benefit nominations. The High Court has spoken. In its decision in Hill v Zuda Pty Ltd, it…

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Why SMSF trustees could be the big losers

Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 7 September 2022. Licensed by Copyright Agency.  Accountants are crucial to DIY super funds yet their role has been overlooked in the Quality of Advice Review. When the Quality of Advice Review consultation paper was handed down recently, there was…

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Hottest new super strategies to help your kids and spouse

Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 10 August 2022. Licensed by Copyright Agency.  Recontribution tactics made possible by rule changes are a game changer for older Australians and their families. The 2021 federal budget introduced sweeping changes to superannuation, most of which have become law. Two…

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Why rules need to change on SMSF financial advice

Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 14 July 2022. Licensed by Copyright Agency.  The Future of Financial Advice Review offers an opportunity to get the balance right on compliance versus cost. For self-managed super fund investors, financial advice has gone from the sublime to the ridiculous.…

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Why self-managed super funds are anxious about these 3 reforms

Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 16 June 2022. Licensed by Copyright Agency.  The sector is anxiously waiting to see if the Labor government will proceed with some crucial changes that were in the pipeline before the election. The self-managed super fund (SMSF) sector is anxiously…

NewsSMSF Insights

What the new super rules mean for those aged 67-75

Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 18 May 2022. Licensed by Copyright Agency.  From July 1, they will be able to contribute without having to meet the work test, but they need to watch out for contribution caps and tax deductions. For self-managed super fund trustees, July…

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Why poor SMSF planning will leave less for your heirs

Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 27 April 2022. Licensed by Copyright Agency.  A well-considered estate plan will make life easier for any beneficiaries – the invaluable parting gift. For self-managed super funds, now numbering around 600,000 and with assets approaching $900 billion, estate planning has…