SMSF Association submission on the review of the Tax Practitioners Board

SMSF Association Submission The SMSF Association (SMSFA) welcomes the opportunity to make a submission on the review of the Tax Practitioners Board (TPB). As stated in our initial submission on […]

Government strikes right balance with timing of reforms

The Federal Government has struck the right balance between improving financial advice standards and giving the industry the necessary time to adjust, says SMSF Association CEO John Maroney. “The Government’s […]

Tim Costello steps down as Patron of the SMSF Association

The Reverend Tim Costello AO is stepping down as Patron of the SMSF Association. Costello, who succeeded Sir Anthony Mason, a former Chief Justice of the High Court of Australia, […]

Beware transfer balance cap strategies when it comes to death benefits

First published in the Financial Review on 15 August 2019.  Maximising your $1.6 million pension cap may backfire on your beneficiaries Strategies to work around the $1.6 million transfer balance cap (TBC) […]

ASIC’s tough line on auditors gets tick of approval

The SMSF Association fully supports the decision by ASIC to disqualify or add conditions to the registration of 17 auditors of self-managed superannuation funds (SMSFs). Association CEO John Maroney says: […]

SMSF Association submission on terms of reference of the Retirement Income Review

SMSF Association Submission The SMSF Association understands that the Government intends to establish a Retirement Income Review and would like to provide recommendations on key aspects that we believe should […]

Your ASIC “Red Flags” Summary – Improving the quality of advice and member experiences

ASIC’s Report 575 on improving the quality of advice and member experiences focused on whether advice providers are complying with the law when providing personal advice to retail clients to […]

Rising SMSF establishment balances ‘strong evidence’ advice improving

There has been a sharp increase in the average and median establishment balances for self-managed super funds (SMSFs) – clear evidence that the quality of advice to the SMSF sector […]

SMSF Association review of the Australian Taxation Office’s SMSF Statistical Overview 2016-2017

The SMSF Association has released their review of the Australian Taxation Office’s 2016-17 statistical overview of SMSFs. It reveals a sector that has not only performed well but provides a […]

The right way to use transition to retirement schemes

First published in the Financial Review on 19 July 2019. Given it is the beginning of the financial year and many are considering starting or continuing pensions, it is timely […]