Extension of temporary cut in pension drawdown rates welcomed

The Federal Government’s decision to extend the temporary reduction in superannuation pension drawdown rates has been welcomed by the SMSF Association. Announced as part of a 2022-23 Federal Budget that […]

SMSF investors too cautious to catch crypto bug

First published in the Financial Review on 24 March 2022. Just 0.6 per cent of SMSFs held cryptocurrency in 2020 and the sector remains wary. Regulators would like to keep […]

Move to reform NALI rules get thumbs up

The SMSF Association welcomes the announcement that the Federal Government will consult with industry on appropriate amendments to the non-arm’s length income (NALI) rules to ensure they operate as intended. […]

SMSF Association welcomes Michelle Levy’s Review appointment

The SMSF Association welcomes the appointment of Allens Partner Michelle Levy to lead a review of regulations overseeing the financial advice industry. “A specialist in superannuation, life insurance, distribution and […]

SMSF Association opposes cap on super balances

The SMSF Association remains opposed to a cap on superannuation balances. SMSF Association CEO John Maroney says: “We do not and have never supported such a cap. “These balances are […]

Protecting your SMSF assets . . . it’s all in the name

First published in the West Australian on 7 March 2022. It is essential that self-managed superannuation fund trustees make sure that all the accounts and investments are held in the […]

Taking a knife to red tape on the 2022 National Conference agenda

The vexing issue of red tape and how to cut it will come under the microscope at the 2022 SMSF Association National Conference being held at the Adelaide Convention Centre […]

SMSF Association Submission – The exercise of the Commissioner’s General Powers of Administration

SMSF Association Submission The SMSF Association welcomes the opportunity to provide this submission in response to the Inspector-General of Taxation and Taxation Ombudsman’s review of the Commissioner’s general powers of […]

SMSF Association Submission – The exercise of the Commissioner’s Remedial Powers

SMSF Association Submission The SMSF Association welcomes the opportunity to provide this submission in response to the Inspector-General of Taxation and Taxation Ombudsman’s review of the Commissioner’s Remedial Power. We […]

SMSF Association Submission – Financial Services Legislation: Interim Report A (ALRC Report 137)

SMSF Association Submission The SMSF Association welcomes the opportunity to provide this submission in response to the Australian Law Reform Commission’s (“ALRC”) Financial Services Legislation: Interim Report A. We thank […]