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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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

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 ...

Sunny Mahendra Prakash, a director of Principal Financial Services Pty Ltd, Self-Managed Super Pty Ltd, Provest Enterprises and Super Funds Australia Pty Ltd ITF Principal Superannuation Fund (related ...

David Busoli, principal of SMSF Alliance, said at the SMSF Association national conference last month that while there are complications around holding life insurance in a separate APRA-regulated ...