Category: SMSF Association Media Release

SMSF Association lambasts proposed earnings calculation

The Government’s proposed model to implement the $3 million tax threshold discriminates against self-managed super funds, says the SMSF Association. In its submission to the Treasury consultation paper, Better Targeted […]

SMSF Association appoints Head of Membership & Corporate Development

The SMSF Association has appointed, Neil Sparks, as Head of Membership & Corporate Development, effective 1 May 2023. Sparks is a Fellow of the SMSF Association and has held the […]

Franking credit changes risk unintended consequences

The SMSF Association has raised concerns about a proposed legislative change that will exclude certain distributions funded by capital raisings being eligible for franking credits. In its submission to the […]

Objectives of Superannuation must deliver stability and certainty

The SMSF Association is urging the Federal Government to deliver stability, consistency, and certainty for superannuation. Association CEO Peter Burgess says: “We support in principle the concept of a legislated […]

Alternatives and unintended consequences to be aired

The SMSF Association has expressed cautious optimism following the release of the Government’s consultation paper, on the proposed reduction of super tax concessions for individuals with super balances exceeding $3 […]

Review of managed investment schemes regulatory framework receives support

The SMSF Association has thrown its support behind the Federal Government’s decision to initiate a Treasury review of the managed investment schemes (MIS) regulatory framework. The review, announced yesterday by […]

Mixed blessings as high balance earnings tax calculation unveiled

The Federal Treasury’s Fact Sheet explaining how the tax on earnings on balances exceeding $3 million will be calculated is a mixed blessing for self-managed super funds, says SMSF Association […]

SMSF Association opposes $3m threshold

But a ‘threshold’ preferrable to a ‘hard cap’ The SMSF Association remains opposed to the introduction of a new threshold on superannuation balances, believing it will add further complexity and […]

“Once in a generation” opportunity to improve the financial advice system

The recommendations of the Quality of Advice (QOA) Review will make financial advice more accessible and affordable for consumers. That was the consensus of four industry experts at a Q-and-A […]

Promising future predicted for SMSF sector

The long-term outlook for self-managed super funds (SMSFs) is promising and exciting as an increasing number of younger people want to take control of their personal finances, the SMSF Association […]