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…
September 7, 2022
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…
August 10, 2022
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…
July 14, 2022
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.…
June 17, 2022
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…
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…