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The SMSF Association welcomes the Australian Tax Office’s (ATO) decision to defer the lodgment date of self-managed superannuation funds (SMSFs) for the 2016-17 financial year. The new deadline for lodging […]
Returns from the SMSF sector were on a par with the APRA- regulated superannuation sector in 2015-16 – welcome news for the more than 1.1 million people who chose to […]
Legislative restrictions effectively compel Australians who have self-managed super funds (SMSFs) and are temporarily living overseas to switch to an APRA-regulated fund while they are outside the country, says SMSF […]
The SMSF industry is still working through the far-reaching policy and legislative changes that took effect on 1 July 2017, says SMSF Association CEO John Maroney. He says the changes […]
Changes to the assets test rules for the age pension that took effect from 1 January 2017 actively discourage middle-income wage earners from saving to be self-sufficient in retirement, says […]
The Financial Adviser Standards and Ethics Authority’s (FASEA) decision to issue proposed guidelines to assist financial advisers meet their new educational requirements has been welcomed by the SMSF Association as […]
A Royal Commission into banking and financial services will provide an opportunity to increase transparency and improve ethics and professionalism across the financial services sector, says SMSF Association CEO John […]
SMSF trustees need to ensure that their funds comply with the Transfer Balance Cap (TBC) rules before the transitional period runs out on 31 December. The SMSF Association is recommending […]
The SMSF Association today confirmed its full support for the Super Scheme Smart material launched by the Australian Tax Office (ATO). With 45 per cent of SMSF members aged 50 […]
The SMSF Association welcomes the news that the Australian Taxation Office (ATO) has followed several of its suggestions to reduce the compliance burden of transfer balance cap (TBC) event reporting […]
