Super bill on Senate schedule next week
From www.smsfadviser.com: The government plans to bring the controversial Better Targeted Superannuation Concessions Bill before the Senate on February 4.
The SMSF Association expressed … read more
Superannuation
Digital advice and affordability
From www.ifa.com.au: Industry consultants suggest that despite the introduction of digital advice initiatives by five superannuation funds to enhance affordability, the low uptake indicates … read more
Super funds back ASIC over ACCC
From financialnewswire.com.au: The Association of Superannuation Funds of Australia has expressed support for the ASIC to oversee the Scams Prevention Framework in financial services, … read more
12 picks for an income portfolio – Q4 2024 update
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
Holistic approach to SMSF property compliance
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 … read more
SMSF auditors and s 109
From www.dbalawyers.com.au: Approved SMSF auditors should retain full copies of all executed leases for each SMSF real property asset for the entire financial year … read more
ATO changes position on Merchant Decision
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 … read more
Top Super Growth Funds Of 2024
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 … read more
Reforms needed for an adequate retirement income
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 … read more
consultation claim on Division 296 disputed
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 … read more
AMP staying overweight in US shares in 2025
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 … read more
How do low cost SMSFs compare?
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 … read more
Coalition vows to repeal Div 296
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 … read more
Australia Institute backs ‘much needed’ $3m super tax
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 … read more
APRA: We don’t make policy
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 … read more