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…
June 3, 2022
Your Handy 2022/23 Super Reference Guide
Updated as of 03 June 2022 Gain an overview of the 2022/23 financial year contribution caps, eligibility, glossary of key terms and more with our handy Super Reference Guide. A handy guide to help you step through the new financial year with confidence, the 2022/23 Super Reference Guide is a quick reference to help you…
May 26, 2022
The outcome of the Federal Election – what it may mean for SMSFs?
Written by Guest Contributor – Ian Irvine While the results and final outcomes of last Saturday’s Federal Election are yet to be completed, it is certain that there will be changes to current policy settings and direction from the incoming ALP government. Before the election both the Coalition and ALP made it clear that they…
May 18, 2022
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…
April 27, 2022
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…
April 20, 2022
Research report nails message – SMSFs need to further diversify
Opinion piece written by John Maroney, CEO, SMSF Association First published in Brisbane Times on 19 April 2022. Licensed by Copyright Agency. The evidence is in: self-managed super funds (SMSFs) that have diversified investment portfolios outperform those that do not. This is the compelling finding of a comprehensive new research report entitled “understanding self-managed super…
March 24, 2022
In conversation with the ATO: SMSFs & SuperStream Rollovers – Tips and Traps
In our newest ‘In Conversation with the ATO’ webinar recording, the SMSF Association’s Technical Manager, Mary Simmons sat down with Ian Morgan, Director – SuperStream Rollovers version 3 project from the Australian Taxation Office. Since 1 October 2021, it has been compulsory for all SMSFs to comply with the SuperStream data and payment standards for…
March 24, 2022
SMSF investors too cautious to catch crypto bug
Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 24 March 2022. Licensed by Copyright Agency. Just 0.6 per cent of SMSFs held cryptocurrency in 2020 and the sector remains wary. Regulators would like to keep it that way. Self-managed super funds have not been immune to the appeal…
March 7, 2022
It’s all in a name to protect SMSF assets
Opinion piece written by Tracey Scotchbrook, Policy Manager, SMSF Association First published in The West Australian 07 March 2022. Licensed by Copyright agency. It is essential that self-managed superannuation fund trustees make sure that all the accounts and investments are held in the right name. It sounds obvious, but simple oversights can prove costly. Included…
February 23, 2022
Self-managed super sign-ups surge as costs and performance improve
Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 23 February 2022. Licensed by Copyright Agency. Self-managed super sign-ups surge as costs and performance improve After the global financial crisis (GFC) in 2008, many believed the appeal of self-managed super funds would diminish. Many also believed the investment turmoil…