Clock ticking for SMSFs with quarterly TBC report due soon

Self-managed super funds (SMSFs) on a quarterly Transfer Balance Cap (TBC) reporting schedule must make their first lodgment with the Australian Tax Office (ATO) in three weeks, warns SMSF Association […]

SMSFs to benefit from access to SuperStream system

Draft regulations tabled in Parliament to allow self-managed super funds (SMSFs) to receive digital rollovers through the SuperStream system has been welcomed by the SMSF Association. SMSF Association Acting CEO […]

Franking credits inquiry gets thumbs up

The SMSF Association welcomes the decision by the House of Representatives Standing Committee on Economics to have an inquiry into the implications of removing refundable franking credits. The Labor Party […]

Labor proposal to address gender super imbalance backed

The SMSF Association welcomes the Labor Party’s announcement to take steps to improve women’s superannuation security and address the gender gap imbalance between men and women’s super balances. SMSF Association […]

Decision to keep retirement age at 67 lauded

The Federal Government’s decision to keep the Aged Pension at 67 and not increase it incrementally to reach 70 by 2035 is good policy, says the SMSF Association CEO John […]

SMSF Association submissions to FASEA

05 September 2018 The SMSF Association has lodged a package of submissions to FASEA in July and August on their draft guidance issued on various matters. A summary of our […]

SMSF Association submission on proposed foreign qualifications standard

SMSF Association Submission The SMSF Association welcomes the opportunity to make a submission on the Financial Adviser Standards and Ethics Authority’s (FASEA) proposed foreign qualifications standard. It is important that […]

Limited cost savings from three-year audits

The shift to three-year audits for some self-managed super funds (SMSFs) would not produce significant costs savings for trustees, said SMSF Association CEO John Maroney. “Our analysis leads us to […]

SMSF Association submission on three yearly audit cycle for some self-managed superannuation funds

SMSF Association Submission The SMSF Association (SMSFA) welcomes the opportunity to make a submission on Treasury’s discussion paper “Three-yearly audit cycle for some self-managed superannuation funds”. We are pleased Treasury […]

SMSF Association submission on proposed continuing professional development requirements

SMSF Association Submission The SMSF Association welcomes the opportunity to make a submission on the Financial Adviser Standards and Ethics Authority’s (FASEA) proposed continuing professional development (CPD) requirements. The SMSF […]