The popularity of Self Managed Super Funds (SMSFs) has increased substantially over the past few years. In fact, SMSFs now account for about one third of total superannuation savings. One... read more →
Related party lending and SMSFs — have the ATO really given a ‘carte blanche’? Introduction Comments by the ATO in the June NTLG Superannuation Technical Sub-group suggest that below market... read more →
SMSF Property Rules by Andrew Frith Considered in isolation, the tax advantages of holding property inside a self-managed superannuation fund (SMSF) seem to make this a no-brainer. Rental income taxed... read more →
Sheltering in Bornstein’s ‘perfect storm’ — excess contributions tax crisis averted Abstract: the successful outcome in the excess contributions tax matter of Bornstein has allowed comparisons to failed attempts in... read more →
Changes to superannuation laws in the 2012 Federal Budget may cause some Baby Boomers to rethink their retirement plans as increased contributions may now lead to cap breaches. Individuals with... read more →
The Government has announced changes to the management of assets in relation to self-managed superannuation funds. The new rules relate to insurance and the importance of having the right policy... read more →
Life Insurance provides financial protection for your beneficiaries should you die or be diagnosed with a terminal illness. It provides your beneficiaries with a lump sum to help cater for... read more →
A Self Managed Superannuation Fund (SMSF) is a fund which has been established for 1-4 Members and is administered by Trustees (or Directors of a Corporate Trustee) who are also... read more →
What is 'Scalping'? 'Scalping' is a trading strategy that attempts to make many profits on small price changes. Traders who implement this strategy will place anywhere from 10 to a... read more →
Introduction Complying superannuation funds are generally required to treat all gains and losses made on assets according to the CGT provisions. One exception was assets constituting trading stock. On budget... read more →
Risk can be found even in places of apparent security. Cash is the undisputed king of the investment world at the moment. That is hardly surprising given the Eurozone debt... read more →
Compared to most of the world Australian super funds are loaded up on equities but do we need a better way to balance that risk? OECD studies of global pension... read more →
Australia recently reached a much ignored economic milestone. At the end of June, the economy marked two decades without a recession. A report released in September showed that Australia’s economy... read more →
ATO SMSF compliance focus for trustees Andrew Frith, the CEO of the Self-Managed Super Specialists headquartered in Newcastle NSW, is drawing the attention of all self-managed super fund trustees to... read more →
Reduction in the minimum payment amounts for account-based pensions in 2012-13 The government has announced that pension drawdown relief will continue to be available for the 2012-13 year, extending the... read more →
Yesterday Treasury released draft regulations that, when finalised will have significant implications for accountants and financial planners whose clients engage in SMSF borrowing. Here follows a brief summary provided by... read more →
A couple looking to achieve a comfortable retirement will need to have an annual income of $55,316 according to the latest figures released in the Association of Superannuation Funds in... read more →
With the ageing of the Australian population, many of us will face the prospect of requiring assistance or living out our days in assisted accommodation. The current Australian Aged Care... read more →
If you’re over 55 and still working, taking advantage of a Transition to Retirement strategy might just be the thing to give your retirement savings a boost. Whether you’re working... read more →
Today the Financial Review Smart Investor congratulated Andrew Frith of Leenane Templeton Wealth Management for his outstanding achievement making the Nations Top 50 Honour roll in the 2012 Masterclass for... read more →