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Showing 51 - 60 of 158 results for "Transition to retirement"

Technical Services Forum tackles super challenges

ALEX BURKE  |  FRIDAY, 15 SEP 2017
... for example, to roll back death benefits from a spouse into accumulation. Commenting on reversionary transition to retirement changes, she noted there was still some uncertainty around how to approach the new regulations. Using the example of "Walter ...

ASIC targets retirement products and services

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... affect the ability to make financial decisions. This will include looking at financial advice given to transition to retirement and reverse mortgages. "We will also work with Government on retirement issues and products, including Comprehensive Income ...

Government closes super loophole

EMMA RAPAPORT  |  MONDAY, 10 JUL 2017
... Budget's underlying cash balance by $470 million. "The Productivity Commission has recently found that transition to retirement income streams have increasingly been used by people for tax minimisation purposes without any reduction in work hours," Budget ...

Looming super reforms benefit millions

JAMIE WILLIAMSON  |  FRIDAY, 23 JUN 2017
... impact around 110,000 people - largely in SMSFs. Some 170,000 members of APRA-regulated funds with a Transition to Retirement (TTR) pension and a further 100,000 with such a pension arrangement in an SMSF will also be affected by the rule changes. Urging ...

Super tax reforms take effect

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
The suite of superannuation taxation reforms affecting contributions, CGT relief and transition to retirement income streams have passed through Parliament. Revenue and Financial Services Minister Kelly O'Dwyer said the amendments under the Treasury ...

Not too late to maximise super

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2017
... critical element for clients who either need to commute back excess amounts of $1.6 million or have a transition to retirement pension of any balance. Lewis said if clients are utilising CGT relief, certain things need to be done to access that relief. ...

Super reforms hit parliament

EMMA RAPAPORT  |  MONDAY, 29 MAY 2017
A Bill containing key amendments to the 2016 Federal Budget including changes to transition to retirement pensions and pooled super trusts has been tabled in parliament. According to IOOF's head of technical services Martin Breckon, the amendments are ...

Midwinter unveils new financial tool

JAMIE WILLIAMSON  |  FRIDAY, 26 MAY 2017
... information around investment choices and retirement income, enabling them to investigate potential 'transition to retirement' options. The tools can be customised to align with the style guide of the website it's featured on. Clients that don't want ...

BGL releases CGT capability for SMSFs

EMMA RAPAPORT  |  MONDAY, 22 MAY 2017
... relief from future capital gains where fund members need to comply with the new transfer balance cap and Transition to Retirement Income Stream (TRIS) reforms commencing on 1 July 2017. CGT relief preserves the previous exemption for accrued, but not ...

IRESS readies industry for super reforms

EMMA RAPAPORT  |  WEDNESDAY, 19 APR 2017
... introduce new tax concessions, a $1.6 million transfer balance cap, the removal of the tax exemptions for transition to retirement pensions and a new system of 'catch-up' concessional contributions to assist those with broken work patterns. The reforms ...