Latest Papers

New super contribution rules for older Australians

August 2020 Superannuation rules are never stable, and the start of the 2020/21 financial year is no different. For older Australians, recent changes to the contribution rules may present new opportunities to contribute to superannuation. The changes are focussed on individuals aged between 65 and 74 and are designed to provide more flexibility in retirement.

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Take control of your super – Time to set up an SMSF?

July 2020 Setting up an SMSF can be complicated.  Not getting it right can materially affect your financial situation and retirement plans. The first question you need to be sure about is whether an SMSF is the right fit.  Seeking advice from an SMSF Specialist can help you determine this answer. Some considerations include: Do

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Your 2020 end of financial year (EOFY) considerations

June 2020 The COVID-19 pandemic has affected everyone’s lives, and SMSF trustees are no exception. While the worst of the pandemic is (hopefully) behind us, you may still have difficult questions to ponder as you focus on how best to position your SMSF in 2020-21, as well as meet your fund’s annual regulatory obligations for

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Dividends, growth and capital – Your COVID-19 considerations

May 2020 Written by Franco Morelli, Policy Manager, SMSF Association In August 2019, when the ATO wrote to nearly 18,000 SMSF trustees about portfolio diversification, many in the industry thought the regulator was overstepping the mark. Now the ATO looks like a prophet. As the SMSF Association conveyed at the time, the ATO was not

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Why managing your retirement income is more important than ever

January 2020   Life expectancy in Australia has reached record highs with a male born today expected to live to 80.7 years and a female to 84.9 years, according to the latest figures released by the Australian Bureau of Statistics (ABS). Male life expectancy has increased by 0.2 years over the 2015-2017 to 2016-2018 period,

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What does it really cost to manage your own super?

November 2019 Working out how much your SMSF should cost to manage is never an easy thing to do. Given the nature of SMSFs and the varying differences between trustees, finding easily accessible and relevant comparisons is difficult. The SMSF Association however has received information from the two largest online SMSF software companies which may

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Is it time to review your fund’s investment strategy?

October 2019 You may be aware that the Australian Tax Office (ATO) has issued letters to nearly 18,000 SMSF trustees as part of a campaign to ensure trustees are aware of their investment obligations. Of key concern is ensuring that trustees have considered diversification and liquidity of their assets when formulating and executing their fund’s

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Bricks and mortar and your SMSF

September 2019 Directly held property makes up approximately 15% of all SMSF assets, indicating that it is considered an important and significant part of a diversified portfolio. Investing in direct property is an investment that SMSF trustees are likely to consider at some stage. It may be the motivation to set up an SMSF initially

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3 common SMSF mistakes and how to avoid them

August 2019 Managing an SMSF can be difficult. However, with the right skillset, effective organisation and specialist advice, SMSFs can be a great vehicle to fund your retirement. Each year the Australian Tax Office (ATO) releases the most common mistakes that SMSF trustees make when administrating their SMSF. Unfortunately, these mistakes continually revolve around an

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Your new financial year SMSF health check

July 2019 With a new financial year beginning, it is a perfect time to review your SMSF and give it a clean bill of health for the upcoming 12 months. The following list provides a series of considerations that you and your SMSF Specialist Adviser should review. 1. Take stock of your SMSF investment return

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Your insurance cover may be changing

June 2019 In February this year, the Government passed legislation which prevents trustees of APRA-regulated funds from providing insurance to members with inactive superannuation accounts, unless a member has specifically directed otherwise. It is a common practice for many individuals with an SMSF to also have a secondary APRA-regulated fund which provides them with insurance.

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