SMSFs to be required to have Retirement Income Strategy

SMSFs to be required to have Retirement Income Strategy SMSFs to be required to have Retirement Income Strategy SMSFs to be required to have Retirement Income Strategy from www.solepurposetest.com/news MAY 21, 2018 BY LUKE SMITH SMSFs would be required to develop a Retirement Income Strategy under changes to superannuation being developed by the Government. The Government has released …

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2018 Budget measure proposes annual audit change to once every three years

2018 Budget measure proposes annual audit change to once every three years 2018 Budget measure proposes annual audit change to once every three years SMSF Association Media Release – 8 May 2018 – Audits. The 2018 Budget measure that proposes a reduction in the annual audit requirement to once every three years for self-managed super …

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Budget to be released 8th May 2018 – tipped to see aged care policy changes

Budget to be released 8th May 2018 – tipped to see aged care policy changes Budget to be released 8th May 2018 – tipped to see aged care policy changes With the aged care space having undergone a number of major reviews recently, one aged care advice specialist predicts the government may introduce new policies …

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Total super balance

Total super balance key transfer balance account report (TBAR) timing factor Total super balance key to transfer balance account report (TBAR) timing factor The total super balance of the individual members of an SMSF is the determining factor of how often a particular fund will have to complete a transfer balance account report (TBAR), rather …

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Asset test changes

Asset test changes hit middle-income earners Asset test changes – Self Managed Super Magazine Changes to the asset test rules for the age pension have had “significantly adverse and presumably unintended consequences” and dissuade middle-income wage earners from saving, according to the SMSF Association. Chief executive John Maroney said changes to the means test taper …

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Event-based reporting

Event-based reporting webinar Nov 2017 Event-based reporting webinar Nov 2017 Watch a video from a ATO webinar for SMSF’s about Event-based reporting, November 2017. Topics Consultation with industry and frequency of SMSF reporting from 1 July 2018 What is event based reporting? Why do we need event based reporting? What are the impacts for SMSFs? The reporting …

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super reforms smsf association approval

Super reforms get SMSF Association tick of approval Super reforms get SMSF Association tick of approval The SMSF Association has thrown its weight behind the superannuation reforms introduced into the Parliament last week, believing they will improve accountability and member outcomes. The Minister for Revenue and Financial Services, Kelly O’Dwyer, introduced a raft of changes …

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Strategies To Maximise Retirement Income

Strategies To Maximise Retirement Income Strategies To Maximise Retirement Income Four Strategies To Maximize Your Retirement Income Joel Johnson, CONTRIBUTOR. From www.forbes.com – Opinions expressed by Forbes Contributors are their own. The main concern that people have in or near retirement is running out of money. There are many strategies people can employ to ensure a successful retirement. …

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