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Contracting markets bring SMSF returns to the fore
Self-managed super funds (SMSFs) outperformed APRA funds when markets were contracting in the 2019/20 financial year and underperformed APRA funds in the bull market conditions of the 2020/21 financial year.
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
Large super balances a ‘legacy issue’ that time will resolve
The SMSF Association remains firmly opposed to the introduction of a cap on superannuation balances, the Association’s Head of Policy and Advocacy, Tracey Scotchbrook, told the National Conference today. While