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Showing 51 - 60 of 127 results for "SMSF members"

SuperConcepts ramps up digital transformation

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2018
... developer Progress. Chief technical officer Kurt Groeneveld said the partnership has enabled SuperConcepts to meet SMSF members' technological demand, with tools are now in place and "hitting the exact areas we had weaknesses before." Using Progress ...

SMSF members want overseas restrictions lifted

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
... restrictions. Currently the definition of an Australian superannuation fund under the Income Tax Assessment Act means SMSF members who continue contributing to their fund while overseas face penalties as well as having it taxed as a non-complying fund. ...

SMSFs grappling with super changes

KARREN VERGARA  |  FRIDAY, 12 JAN 2018
... struggling with the complexities of the reforms, the head of the SMSF Association says. Chief executive John Maroney said SMSF members and advisers are still coming to grips with the impact of the legislative changes in certain areas such as estate planning ...

ATO warns SMSFs about risky arrangements

KARREN VERGARA  |  FRIDAY, 17 NOV 2017
... the individual or related entity retains legal ownership of the property. The ATO is also rebuking set ups where SMSF members deliberately exceed their non-concessional contributions cap to manipulate the taxable component and non-taxable component of ...

ATO affirms SMSF event-based reporting rules

KARREN VERGARA  |  FRIDAY, 10 NOV 2017
... or more will be subject to an event-based reporting regime from 1 July 2018, the Australian Tax Office announced. SMSF members have 28 days after the end of the quarter to report an event, which would include the commencement or commutation of a retirement ...

BGL enhances life insurance solution

KARREN VERGARA  |  MONDAY, 6 NOV 2017
... Simple Fund 360 clients have automated access to AGI's SMSF Master Insurance Plan, a product specifically designed for SMSF members. BT Financial Group recently enhanced its Panorama SMSF solutions by partnering with BGL, providing accountants and advisers ...

Transfer balance cap reforms could hurt grieving SMSFs

JAMIE WILLIAMSON  |  MONDAY, 30 OCT 2017
... outcome of the new superannuation regime that has received little attention and the association is concerned that many SMSF members and their advisers are 'blissfully ignorant' of the impact of these changes regarding the payment of death benefits," ...

Members better off with equal representation: AIST

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
... John Maroney recently told a Senate Committee employees have the fundamental right to choose their own super fund - SMSF members are not the only ones affected by lack of choice. "All employees should have the right to enter the fund of their choice ...

More time needed for TBAR transition: SMSFA

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2017
... members with a super balance of more than $1 million, believing such a measure would severely reduce the number of SMSF members who would be required to comply with the new TBAR obligations. In regards to the flexibility measures recommended by the industry ...

Multi-member SMSFs shun risky investments: Research

EMMA RAPAPORT  |  FRIDAY, 22 SEP 2017
... one that more investors are familiar with. The report also suggests men are bigger risk takers than women with male SMSF members holding a greater share of their assets in higher-risk investments such as domestic shares and property. SuperConcepts general ...