Superannuation

From morningstar.com.au: An update on the performance of income portfolio picks, emphasising the generation of passive income through growth and high-yield investments.… read more

From www.fssuper.com.au: An holistic approach to property investment compliance is essential for SMSFs to ensure adherence to the legal framework set by the ATO and ASIC.… read more

From www.smsfadviser.com: Following the decision involving Gordon Merchant’s SMSF, the ATO updated its decision impact statement reflecting two key changes regarding trustee disqualification.

The updated DIS clarifies that trustees are not required to individually consider specific regulatory matters for each investment decision and highlights that differing factual circumstances can lead to varying outcomes in disqualification decisions.… read more

From www.ibtimes.com.au: Australian superannuation funds had a strong performance in 2024, with the median growth fund delivering an 11.4% return, fueled by lower inflation and interest rate cuts.… read more

From johnmenadue.com: Australians have substantial superannuation balances, but major reforms are needed to ensure these funds are effectively used to provide adequate retirement incomes instead of becoming a transfer of wealth to heirs.… read more

From smsfassociation.com: Federal Treasurer Jim Chalmers’ claims of extensive consultation on Division 296 are disputed by the SMSF Association, which describes the engagement as a mere procedural formality and criticises the proposed tax on unrealised superannuation gains exceeding $3 million.… read more

From www.superreview.com.au: AMP’s head of portfolio management, Stuart Eliot, plans to maintain an overweight position in US shares for 2025, citing strong returns from 2024 and anticipated growth driven by AI advancements and US market leadership.… read more

From morningstar.com.au: This comprehensive review examines the cost-effectiveness of low-cost SMSFs, comparing them to industry/retail funds, and delves into the complexities of their administration and management.… read more

From www.smsfadviser.com: The Coalition has pledged to repeal the Division 296 tax if it is enacted before the impending election, labeling it a “broken promise” and criticizing it as a novel tax on unrealized gains.… read more

From www.smsfadviser.com: The Australia Institute supports the proposed $3 million superannuation tax as a necessary reform to create a fairer super system, emphasising that it would only impact a small fraction of Australians.… read more

From financialnewswire.com.au: APRA has clarified that it does not engage in political policy-making, emphasizing that decisions regarding the role of superannuation in facilitating home ownership are the responsibility of the government.… read more

From www.moneymag.com.au: Many Australians are hesitant to draw down their superannuation savings due to fears of running out of money in retirement, according to a report from the Grattan Institute.… read more

From prosolution.com.au: Investing through index funds is favored over actively managed funds due to its proven track record of better performance and lower risk, with over 85% of Australian active funds and 90% of US active funds failing to outperform their respective indices over the past 15 years.… read more

From financialnewswire.com.au: The Australian Prudential Regulation Authority has confirmed that profit-sharing arrangements between life insurers and superannuation trustees exist, primarily through premium adjustment mechanisms used to maintain stable premiums for members.… read more