Superannuation
Financial adviser numbers stand at 15,610
From financialnewswire.com.au: The total number of financial advisers registered in Australia has increased by 134 in 2025, bringing the current total to 15,610.
WealthData reports that 72 adviser statuses changed recently due to movements between licensees, with 17 new entrants largely from passing the recent financial adviser exam.… read more
How Aussie fundies are impacted by Trump tariffs
From financialnewswire.com.au: Australian fund managers are anticipated to face a gradual medium-term earnings decline due to uncertainties from the US Trump tariff regime, with volatility likely suppressing investment flows.… read more
Making the most of super ‘bring forward’ contributions
From thenewdaily.com.au: The bring-forward rule allows individuals to maximise their non-concessional super contributions by making up to $360,000 in one year, with tax implications to consider for inheritance planning.… read more
Unbundling superannuation dependency
From www.smsfadviser.com: The Superannuation (Industry) Supervision Act defines a dependant as a person who is the spouse, child, or has an interdependency relationship with another person, including financial dependency.… read more
Help your loved ones avoid superannuation taxes
From www.thesenior.com.au: Experts advise that to minimise taxes on superannuation when planning a deceased estate, individuals should consider nominating the executor of their will as the beneficiary, which can bypass the Medicare levy.… read more
Her husband died overseas – then she had to notify his super fund
From moneymag.com.au: Olivia encountered significant challenges in managing her late husband’s affairs, including cancelling flights and accessing financial accounts, highlighting the need for more compassionate processes for grieving families.… read more
Tax system’s slippery slope
From www.ifa.com.au: The proposed $3 million super tax by the Labor government has triggered significant pushback, yet both major political parties continue to propose policies that could undermine the tax system.… read more
The deeming rate danger spot
From retirementessentials.com.au: Deeming is a method used by Centrelink to assess income for the Age Pension by applying standard rates to financial assets, regardless of actual income earned from those assets.… read more
Payday super and the SG system — issues for employers
From www.dbalawyers.com.au: The Australian government plans to introduce a Payday Super regime requiring employers to pay superannuation guarantee contributions simultaneously with employees’ salary payments starting from July 1, 2026.… read more
wholesale client status for SMSFs
From www.fssuper.com.au: The distinction between wholesale and retail clients in financial services is outlined by legal requirements that impose stricter regulations on retail clients.
This article discusses the use of accountants’ certificates to qualify investors as wholesale clients and the challenges faced by self-managed super fund clients in this context.… read more
Payday super and the SG system – issues for employers
From www.smsfadviser.com: The Australian Taxation Office estimates that approximately $5.2 billion in superannuation guarantee contributions for FY2021-22 were not paid on time, prompting the government to propose the introduction of the Payday Super regime, which mandates employers to pay SG contributions at the same time as salaries starting from July 1, 2026.… read more
Don’t rush to commute even with debt waiver
From www.smsfadviser.com: Adviser Aaron Dunn warns against rushing to commute legacy pensions despite a recent debt waiver related to social security, advising to pause until the relevant legislative instrument is officially passed.… read more
Acting on Bendel case unwise
From smsmagazine.com.au: SMSF trustees are advised against altering their approach to unpaid present entitlements (UPE) from unit trusts following a recent court case (Commissioner of Taxation v Bendel) unrelated to SMSFs, which clarified the definition of a loan.… read more
Questions around tax ruling and insurance proceeds
From www.smsfadviser.com: A new paragraph in TR 2010/1DC2 suggests that insurance proceeds may be classified as contributions if they are intended to benefit a fund member, which has raised concerns among financial professionals.… read more