UniSuper set to open fund, AustralianSuper and Club Plus Super in merger talks, COVID-19 early access scheme primarily used to pay bills, Your Future Your Super changes, Government to regulate proxy advisers, New aged care help service, FSC focus on affordable and accessible advice
SMSFs: What are the lump sum withdrawal rules?
As you approach retirement, you need to consider what you want to do with your super – lump sum, income stream or a bit of both.
TBAR: Transfer balance account reporting for SMSFs
The bar has been raised on the amount you can transfer into a pension account, but don’t get tripped up by the details.
Is your SMSF ready for SuperStream?
As the October deadline looms, SMSFs need to ensure they are ready and able to take rollovers via SuperStream.
Super news for April 2021
Your Future, Your Super legislation attracts industry criticism; Top postcodes revealed for lost and unclaimed super; ASFA argues accessing super would make housing affordability worse, not better; new research dismisses the idea that retirees die with most of their super untouched; Huge gender gap in super concessions; ASIC’s mea culpa on SMSF costs; AMP appoints its first female chief.
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SMSF investment rules: What every trustee should know
One of the attractions of running your own SMSF is the wide range of investments open to you and the control you have over them, but that doesn’t mean it’s open slather. There are rules you need to follow.
How not to get caught in the in-house asset trap
Breaking the rules regarding In-house assets can be costly, so it pays SMSF trustees to understand what they are and how to avoid costly penalties.
Super news for March 2021
Super caps to rise, ASIC commences civil proceedings against REST and Statewide, APRA wants super funds to lift their game on insurance, QSuper and Sunsuper merger update, Toyota Super to merge into Equipsuper, Aware Super and VISSF discuss merger, Costs rise for retirees, Three strikes and you’re out for SMSF annual returns, AMP Capital offloads some investment management capabilities
Definitive guide to the Transfer Balance Cap
The transfer balance cap is about to increase. Are you ready?
The lowdown on COVID-19 relief for SMSF borrowings
Answers to common questions from SMSF trustees about repayment relief for their LRBA loans.
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Super news for February 2021
Transfer balance cap to rise 1 July 2021, Super associations urge government to make super fair for all, Nearly one million young Australians left with little or no super, ATO has its eye on auditor details in SMSF annual returns, SMSF Association calls for less complexity in super, High Court says Westpac subsidiaries gave unauthorised personal advice, Optimum Pensions to launch new market-linked lifetime annuity, Maritime Super to outsource investment to Hostplus.
The importance of asset allocation
The most important investment decision you make may not be about what you invest in, but how you spread your money across different investments.
Understanding the difference between your total superannuation balance and your transfer balance cap
Don’t know your TSB from your TBC? Read this simple explainer.
A step-by-step guide to valuing tricky assets
SMSFs are required to value their assets at market value every financial year, this is easy enough for listed assets, such as equities, but it’s not so straightforward for unlisted assets like commercial property or collectibles.
5 new year’s resolutions for your SMSF
An SMSF is no different to a fitness, diet or a savings plan, in that a few days dedicated to making sure it is in order for the year ahead will reap benefits over the next 12 months. So what are some of the things that you should be resolving to do for your SMSF in 2021?