SMSF Association Submission – Public Consultation on the AML/CTF Rules

SMSF Association Submission The SMSF Association welcomes the opportunity to provide this submission to the Consultation on the new AML/CTF Rules.   The SMSF Association is supportive of the outcomes-based approach […]

New research shows SMSFs outperform over longer period

SMSF Association Media Release Research released today by the University of Adelaide’s International Centre for Financial Services (ICFS), shows self-managed super funds (SMSFs) on average outperformed APRA-regulated funds by 1.2 […]

SMSF Association welcomes long-awaited reforms to financial adviser education pathway

SMSF Association Media Release The Federal Government’s decision to reform the educational pathway to become a financial adviser has been welcomed by the SMSF Association. Chief Executive Officer Peter Burgess […]

Division 296 Advocacy Update

On Tuesday I was in Canberra meeting members of the Senate cross bench. It was apparent from those discussions that some cross bench members had been approached by the Government […]

ATO statistics reveal a resilient SMSF sector

Despite the lingering possibility of the proposed new Division 296 tax being introduced, recently released ATO statistics point toward a resilient and mature SMSF sector – which continues to grow […]

Clarity for Financial Advisers who cease to be authorised as the end of education transition period nears

  With less than 11 months until the transition period to meet the education standards ends for financial advisers, there has been some confusion how the standards may apply if […]

Minimum Pension Underpayments: Compliance win for the sector, but the fight for pragmatic outcomes continues

The SMSF Association, as a key contributor to a joint industry submission, has secured an important compliance win for our industry. In June 2024, an update to TR 2013/5 included […]

SMSF Association Submission – Draft Taxation Ruling TR 2010/1DC2 Income tax: superannuation contributions

SMSF Association Submission The SMSF Association welcomes the opportunity to provide a submission on Draft Taxation Ruling TR 2010/1DC2 Income tax: superannuation contributions (the Ruling).  We recommend that this submission […]

SMSF Association Submission – Draft Law Companion Ruling LCR 2021/2DC: Non-Arm’s Length Income – expenditure incurred under a non-arm’s length arrangement

SMSF Association Submission The SMSF Association welcomes the opportunity to provide a submission on LCR 2021/2DC: Non Arm’s Length Income – expenditure incurred under a non-arm’s length arrangement (the LCR). […]

SMSF Association calls for urgent action on CSLR

SMSF Association Media Release The SMSF Association is calling for urgent Government action following the release of fresh data from the operator of the Compensation Scheme of Last Resort (CSLR) […]