The proposed changes to superannuation in this year’s federal budget are a good example of consumer focused policy making that should happen more often.

Indexation will create opportunities that will make the end of the 2021 financial year truly unique and one trustees should pay very close attention to.

New research has undermined the view that retirees are not spending down their superannuation balances, but it is unlikely to change opinions or policies.

When the compulsory superannuation system was introduced, the federal government included associated tax concessions to encourage people to contribute more money into their super funds so they could be self-sufficient in their retirement years. However, since its introduction the criticism aimed at the retirement savings framework has been incessant, labelling the favourable tax treatment contained […]

The indexation of the transfer balance cap (TBC) will add even more layers of complexity to the work of SMSF trustees and advisers.

Plans to permanently shelve any changes to the franking credits regime is a welcome start to 2021 and a reminder for politicians to listen to the public.

SMSFs have avoided being saddled with arbitrary financial statement deadlines as new cost figures prove they are cost effective for many.

The team at smstrusteenews would like to wish all of the publication’s readers a very Merry Christmas and a happy, healthy and prosperous New Year.

In my last editorial I wrote about the relief the SMSF sector could enjoy for at least one budget cycle by being left alone due to the coronavirus. It was again to highlight the fact legislative risk is the biggest hurdle SMSF trustees face. But I spoke too soon didn’t I, because almost before I […]