Trust Deed – Updates

Trust deeds in the new SMSF world – Benefit payments and estate planning Your superannuation trust deed along with the superannuation laws form the governing rules that self managed super funds (SMSFs) needs to operate by. The introduction of the $1.6 million transfer balance cap (TBC) and new transition to retirement income stream (TRIS) rules … Continue reading Trust Deed – Updates

Investment Strategies

It’s time to think about your investment strategy You’ve made it through the financial year and navigated the new superannuation laws that took effect on 1 July 2017 but there is one thing you should always think about and that’s your investment strategy. Additionally, there is no better time than right after a financial year end … Continue reading Investment Strategies

Transition to retirement pensions

Transition to retirement pensions – back to their true purpose The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst the changes was legislation which will remove tax concessions for transition to retirement pensions (TTRs) and bring them closer to their purpose of providing income to members as they … Continue reading Transition to retirement pensions

The $1.6 million transfer balance cap

The $1.6 million transfer balance cap – what does it mean for you? 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 the tax exemption for assets funding superannuation pensions. This new limit on … Continue reading The $1.6 million transfer balance cap

Updated superannuation legislation

Are you ready for the Government’s superannuation changes? On Wednesday 9 November 2016 the Government introduced its superannuation legislation which makes changes to the superannuation laws it originally announced in the 2016 Federal Budget. Most of these changes will apply from 1 July 2017 so it might be sensible to for you to start thinking … Continue reading Updated superannuation legislation

Changes to the Assets Test for Centrelink Aged Pensions

Changes to the Assets Test for Centrelink Aged Pensions from 1 January 2017 As the end of the year is drawing rapidly to a close it may feel like the changes to the Asset Test for the Aged Pension have just been drawn up, however, these were announced in the 2015 Federal Budget. As a trustee, … Continue reading Changes to the Assets Test for Centrelink Aged Pensions