Latest news articles
Providing scaled advice
It’s no secret the financial advice framework needs improvement. Year on year, the SMSF Association receives feedback on the need to take action to address the advice framework and to
Cap complexities make life difficult for SMSF trustees
First published in the Sydney Morning Herald on 08 September 2020. A growing number of Self-Managed Super Funds may end up paying higher tax than needed because they miscalculate their
Market linked pension commutations still in limbo
In late June this year, the industry was pleased to see amendments made to the calculation of a transfer balance debit that arises on the commutation of a pre 1
ATO provides clarity on treatment of excess pension payments
For administrative ease, where members opt to take withdrawals in excess of their minimum pension as a lump sum, it is an acceptable industry wide practice, for members to have
Latest media releases
Lower fees valid reason to increase size of SMSFs
The SMSF Association says lower fees is the key reason why the legislation increasing the size of a self-managed super fund (SMSF) from four to six members should become law.
SMSF Association launches nine online educational modules
The SMSF Association has launched nine compulsory comprehensive online modules as part of its coveted SMSF Specialist Advisor (SSA) designation. Commenting on the program launch, the SMSF Association’s Deputy CEO/Director
Increasing SMSF members from four to six gets green light
The SMSF Association welcomes the introduction of a Bill into Parliament that will increase the maximum number of allowable members in a self-managed superannuation fund (SMSF) from four to six.
Government urged to cut the red tape afflicting financial advice
To make professional financial advice more affordable and accessible in a post COVID-19 recovery, the SMSF Association is calling on the Federal Government to reduce red tape around the delivery
Latest submissions
SMSF Association letter to Mr James Shipton, ASIC
SMSF Association letter to Mr James Shipton, Chair, Australian Securities and Investments Commission (ASIC) The SMSF Association wrote to Mr James Shipton, Chair, ASIC, in relation to the SMSF Fact Sheet
SMSF Association Supplementary Budget Submission 2020-2021
SMSF Association Submission Prioritising red tape reduction The SMSF Association welcomes the opportunity to provide a supplementary Budget submission. This submission should be read in conjunction with our previous submission.
Regulatory relief request – Financial adviser CPD requirements during COVID-19 and the Bushfire Crisis
SMSF Association Joint Submission Association of Financial Advisers (AFA), CPA Australia, Chartered Accountants Australia and New Zealand (CA ANZ), SMSF Association (SMSFA), Financial Planning Association (FPA) and Institute of Public
COVID-19 submissions to the Australian Taxation Office
SMSF Association Submission The SMSF Association congratulates the Australian Taxation Office (ATO) on their consultative and quick response to the various issues and concerns for the SMSF sector arising from
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