Category: Pension

SMSFs – A new financial year in COVID-19 times

SMSFs – A new financial year in COVID-19 times

As a new financial year unfolds, the COVID-19 pandemic continues to impact everyone’s lives in so many ways. During these unprecedented times it is important to ensure trustees continue to…

2020 End of financial year (EOFY) considerations for your SMSF

2020 End of financial year (EOFY) considerations for your SMSF

The COVID-19 pandemic has affected everyone’s lives, and SMSF trustees are no exception. While the worst of the pandemic is (hopefully) behind us, trustees still have difficult questions to ponder…

The Coalition wins a third term – what happens with superannuation now the dust has settled?

The Coalition wins a third term – what happens with superannuation now the dust has settled?

The Coalition Government was re-elected in the May 2019 Federal Election, with a small majority of seats in the House of Representatives, after taking, as one of its policies to…

Superannuation changes – what is and what isn’t from 1 July 2018

Superannuation changes – what is and what isn’t from 1 July 2018

As the new financial year is now truly underway, here is an overview of what lies ahead in 2019 so that you can ensure your SMSF is ready. 1. Contributions…

Simple super now super complicated

Simple super now super complicated

It has been 10 years since the Simple Super Reforms were brought in on 1 July 2007. A decade later the “Simplified Superannuation” system has become a labyrinth of legislation….

Superannuation from 1 July 2017 –  The New Frontier

Superannuation from 1 July 2017 – The New Frontier

Happy New Financial Year! With 1 July 2017 marking the start of many of the super reform changes, here is an overview of the new rules:   Transfer Balance Cap…

Are you ready for the 1 July 2017 super changes?  Part 4: I want to trigger my 3 year bring forward NCC cap – how much can I contribute?

Are you ready for the 1 July 2017 super changes? Part 4: I want to trigger my 3 year bring forward NCC cap – how much can I contribute?

As part of the superannuation reforms announced in last year’s Federal Budget, both concessional and non-concessional contributions caps will be reduced significantly from 1 July 2017. In this month’s article,…

Are you ready for the 1 July 2017 super changes?  Part 3:  Interaction of the $1.6m pension transfer cap and death benefit payments

Are you ready for the 1 July 2017 super changes? Part 3: Interaction of the $1.6m pension transfer cap and death benefit payments

In last month’s Part 2 of the super changes newsletter, “I have more than $1.6m in pension phase so what are my options?”, we discussed the $1.6m Transfer Balance (“TBC”)…

Are you ready for the 1 July 2017 super changes?  Part 2:  I have more than $1.6m in pension phase so what are my options?

Are you ready for the 1 July 2017 super changes? Part 2: I have more than $1.6m in pension phase so what are my options?

The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament.  Amongst those changes was the introduction of a $1.6 million transfer balance cap which limits…

Are you ready for the 1 July 2017 superannuation changes?

Are you ready for the 1 July 2017 superannuation changes?

Last month saw the changes to superannuation in the May 2016 Federal Budget passed and receiving Royal Assent. They are now law. A summary of the final superannuation reforms is as…