Heffron | Australia's leading independently owned SMSF administrator

Masterclasses


Heffron's SMSF Masterclasses are a unique opportunity to delve into the details of a particular SMSF topic or strategy with some of Australia's leading SMSF experts.   

Spend half a day with us and a small group of fellow SMSF practitioners (numbers are strictly limited to 30 participants) working through case studies that capture the issues we have discovered in our work supporting accountants, financial advisers and trustees.  The intimate workshop style is a unique feature of our Masterclasses, as is our focus on practical solutions you can use immediately in your practice.

Our Masterclasses are not exclusively for experts but we do assume participants have a solid level of SMSF knowledge to build on.  We’ll tackle the complex issues as well as filling in any gaps in the basics.  They would generally be inappropriate for anyone brand new to SMSFs but our presenters’ practical and approachable style means the sessions are invaluable for a wide range of practitioners. 

The next two Masterclasses will be run as two half day sessions in November 2018 covering :

  • pensions, and
  • death benefits in SMSFs (back by popular demand)

As a small business of busy practitioners, we understand the importance of value for money in SMSF training. Our sessions are always designed to maximise the value of your time out of the office – we receive consistent feedback that the material is well researched and presented by experts in SMSF.

But don't take our word for it - read what our clients think about our training:

  • “As always, the session was extremely well run.  The use of a case study allows the theory to be presented, but then, more importantly, applied, assessed and discussed.” FInancial Adviser, NSW

  • “I was concerned that I was going to be challenged to stay alert during this session but Lyn made the topic very interesting and easy to understand.  I had been going around in circles in reviewing other sources of information on this topic and with a few key phrases, Lyn has made some elements very clear to me.  Enough so that I was able to head back to my motel that evening and make some changes to some calculations on a fund where I was meeting the client the next day - so thanks heaps...”  Accountant, QLD


November 2018 Course Information

Pensions | Session Time: 9:00am - 12:30pm

Since superannuation is ultimately all about providing income in retirement, understanding pensions is perhaps one of the most important areas of knowledge for SMSF professionals.

In our Pensions Masterclass we work through the full life cycle of SMSF pensions:

  • Advance planning – what to think about before pensions start
  • Starting the pension – considerations, rules and practicalities
  • New issues presented by the 1 July 2017 superannuation reforms – transfer balance caps, the importance of retirement phase
  • Once the pension starts – what needs to be done, how to deal with changes in circumstances or unplanned events (such as failing to meet the minimum payment requirements)
  • At the end – how do pensions end and what happens then?

Importantly we focus on both the theory (as set out in the relevant legislation) and its practical application.  Our SMSF experts explain how key pension strategies work and when they are effective as well as how to implement them in practice.

REGISTER NOW - PENSIONS

Death benefits | Session Time: 1:30pm - 5:00pm

It is clear that the 2017 superannuation reforms had a profound impact on pensions and contributions post 1 July 2017.  What is far less well known is their significant impact on estate planning.  For the first time, couples with large superannuation balances might have to withdraw some of their superannuation capital when the first one of them dies.  Certainly it will be far more common in the future for funds paying death benefits to have a combination of pension and accumulation accounts rather than being entirely in pension phase.  The flow on effects for fund tax, personal tax and wealth distribution are enormous.

If you missed it last time, join us at our Death Benefits Masterclass to explore a range of case studies that capture the issues we have already discovered in our work supporting accountants, financial advisers and trustees including:

  • Who can receive death benefits and in what form
  • Maximising the amount able to be retained in super on death & dealing with any liquidity issues
  • Death pre or post 1 July 2017 - what difference does it make
  • Reversionary pensions
  • Dealing with insurance proceeds
  • Impact on related issues such as ECPI, trustees
  • Getting the documentation right

REGISTER NOW - DEATH BENEFITS

Price

$495 Inc. GST

Locations & Dates

Toowoomba | Monday 26 November

Sydney | Tuesday 27 November

Glen Waverley | Tuesday 27 November

Brisbane | Wednesday 28 November

Melbourne | Wednesday 28 November

Parramatta | Thursday 29 November

Newcastle | Friday 30 November