Tag Archives: SMSF Info News

NEWS – TRIS – Transition to retirement (or TTR) now seen as a short-term strategy

Darin Tyson-Chan at smsmagazine.com.au reports on advice by Grant Abbott who said a Transition to retirement income stream (TRIS) or Transition to Retirement (TTR) is now seen as a short term strategy with recent changes in the last 12 months. … Continue reading

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NEWS – Is your SMSF worse off due to poor advice?

ASIC has found that 10% of SMSF set up advice is likely to leave people significantly worse off, with 91% of SMSF set up advice files not complying with the law. The regulator reviewed 250 client files randomly selected from … Continue reading

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NEWS – Possible reduction in Annual auditing for SMSFs? – Budget 2018

Business editor, Ian Verrender of ABC News online, allerted us to a less-known Budget proposal, to reduce SMSF annual auditing requirements. He writes – The details are sparse, the mention brief. But there at the top of page 41 in … Continue reading

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NEWS – Australian Federal Budget 2018 highlights

Here is a summary of the Budget offered this week – Here’s a quick guide to what’s been announced – and finally some good news for Super! Superannuation will give you less headaches Do you have superannuation payments sitting in … Continue reading

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NEWS – Labor’s excess dividend imputation credit policy unfairly targets SMSFs – SMSF Association

SMSF Association Media Release I 13 March – The SMSF Association strongly opposes the Federal Labor Party’s proposal to cancel cash refunds for excess dividend imputation credits. Association CEO John Maroney says refundable franking credits have been a well-established principle for nearly … Continue reading

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NEWS – Can you transfer property “in-specie” from one SMSF to another?

If a self-managed super fund (SMSF) is short on cash to roll over a member’s benefits, it is possible for a member to transfer a property ‘in specie’ to another SMSF? (Query posted at Advisor Voice.com). In NSW, transfers of property … Continue reading

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