New rules are in effect, which will see changes to how SMSFs manage transfer balance lodgement.
More than $890 million in assets mean SMSFs account for 26 per cent of all super.
The regulations to extend the 50 per cent temporary reduction in the superannuation drawdown rate have now been registered.
Conservative choice products will be challenged by the Your Future Your Super performance test, with a number of problems and inconsistencie
CA ANZ has urged for greater transparency to be established for director ID holders along with providing regular communications channels for
The Australian Law Reform Commission (ALRC) is seeking feedback from the industry on a recent report that argued that laws regulating corp
The government has released draft regulations for super co-contributions that remake the existing regulations from 2004 and include some mi
With the increasing popularity of non-fungible tokens (NFTs), SMSFs potentially holding NFTs will need to be prepared to manage numerous com
With SuperStream Rollovers version 3 now in production, the ATO has provided new tips to help better navigate the rollover process.
With over eight weeks since the implementation of SuperStream, SMSFs are still facing issues around several key processes and steps when m
The ATO has released a range of checklists designed to help trustees manage their SMSF through different stages of the fund.
The government is making new amendments to address the unintended outcomes affecting recipients of capped defined benefit streams and their
Practitioners will need to go through two separate requirements when making transactions of market value for in-specie contributions with th
The ATO has released new information for individuals who need to access their superannuation early on compassionate grounds during the Chris
While the SuperStream measures have been in place since 1 October, there are some common issues impeding the rollover of money in and out of
The ATO has released new guidance on the management of the SMSF across its life cycle, along with processes and responsibilities involved wh
The ATO has raised its concerns on the increase in scams involving fake superannuation investments targeting SMSFs.
SMSFs managing various outgoings across the fund will need to carefully navigate different situational capacity changes that can affect the
The SAFAA has urged for the need to better clarify option 1 ahead of changes to FASEA’s contentious Standard 3.
The ATO has released the new legislative instrument on extending COVID-19 rental deferral relief for SMSFs.
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