What it means is that anyone with a personal total superannuation balance over $3 million will start paying an extra 15% tax on the earnings in their super accounts in proportion to the balance of ...

Peter Burgess, CEO of the SMSF Association, said the sector remains concerned about the unintended consequences, complexity, and long-term effectiveness of the tax. “Significant industry effort and ...

Tim Miller, head of education and technical for Smarter SMSF, said that the government initially said only a certain number of people would be captured under the Div 296 measures, but after feedback ...

CBUS Super at least 57,000 CBUS members likely to benefit from the changes to LISTO with CEO Kristian Fok this is a “simple change” that will have a significant benefit for younger workers, helping to ...

In this episode of the SMSF Adviser Show, hosts Keith Ford and Aaron Dunn sit down with Andrew Inwood, global CEO of CoreData, to explore how SMSFs are evolving and the structural shift from ...

Naz Randeria, director of Reliance Auditing Services, said following the marathon debate in the House of Representatives last ...

At around 8pm yesterday the bill passed the Senate with a vote of 33 for and 22 against. Peter Burgess, SMSF Association CEO, told SMSF Adviser time will now tell how much revenue the new Division 296 ...

Michael Hallinan, special counsel for SUPERCentral, said the superannuation laws expressly disqualify any undischarged bankrupt person from acting as a trustee or director of corporate trustee of a ...

Peter Johnson, director of Advisers Digest, said trustees and SMSF members should be reminded that making a contribution on the “death knell” of 30 June could risk it being counted toward the ...

Sean Johnston, SMSF specialist for Heffron Consulting, said in a recent technical update that if a self-managed fund is ...

New research from the Association of Superannuation Funds of Australia revealed that 5,000 Australians a year have died without life insurance cover since reforms to default superannuation insurance ...

Peter Ridgley, senior executive leader, enforcement inquiries and compliance for ASIC, said since 2016 SMSF auditors registered with the Australian Securities and Investment Commission have declined ...