SMSFs (Self-managed super funds)

Set out below are all SuperGuide articles explaining SMSFs (Self-managed super funds).

The super challenge: At what age should I retire?

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Selecting a retirement age, even if you plan to continue some form of work during retirement, can be a difficult decision. In some cases, individuals don’t get a choice about when to retire due to health issues, or due to redundancy in later years and then difficulty finding another job. Although … [Read more...]

Concessional contributions caps: 10 facts you should know

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We receive many questions about the concessional contributions caps. Throughout 2015 and into 2016, SuperGuide, as always, will regularly update readers on any proposed changes to the contributions caps (and other super changes), and the implications of such changes on super strategies. The list … [Read more...]

Age Pension assets test: 300,000 retired Australians to lose some or all entitlements

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Note: The changes to the Age Pension assets test are now law, receiving royal assent on 30 June 2015, and outlined in this article. The successful passage through parliament was due to the Greens supporting the changes. The ALP opposed the changes, which were announced by the Australian Liberal … [Read more...]

Accessing super early: Terminal illness

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Q: I have a terminal illness. Can I access my super benefits now? A: I’m sorry to read about your illness. For the past few years, the superannuation rules now recognise that super benefits can be accessed early under such devastating circumstances. For your information, ‘terminal illness’ for … [Read more...]

Accessing super early: Terminally ill receive tax break

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Individuals with a terminal medical condition are able to access their super lump sum payments tax-free, regardless of age. A super fund can release super benefits early to a fund member, if the fund member has a terminal medical condition. According to the legislation, a terminal medical … [Read more...]

KiwiSaver: Only one super fund accepts super transfers from NZ to Australia

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More than two years after the super rules changed, opening the door to super transfers between New Zealand and Australia, still just one Australian super fund is accepting transfers FROM KiwiSaver accounts to Australian super accounts. Many more Aussie super funds however permit transfers of … [Read more...]

Top 10 performing super funds for 2014/2015 year, and for past 10 years

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The investment performance result for the 2014/2015 financial year (1 July 2014 to 30 June 2015), for the median growth superannuation fund, has delivered the sixth straight positive annual return, according to rating company, Chant West. The strong investment performance for the financial year … [Read more...]