SMSF Training Masterclasses 2021

Focus on practical SMSF solutions you can use immediately in your practice.

Death Benefits Masterclass

Thursday June 10th 2021 (12.00pm – 4.30pm AEST)

The 2017 superannuation reforms had a profound impact on pensions and contributions post 1 July 2017. What is still far less 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.

Even for smaller balance clients, it is important for advisers to have a thorough understanding of when and how death benefits must be paid and the tax consequences. A misunderstanding of these rules can lead to unnecessary complications and tax liabilities.

Join us at our next Masterclass where we use a 'real-time' case study to walk you through the issues to be addressed when a client dies with money in superannuation.

In this Masterclass we will cover the following:

  • Refresher on to whom benefits can be paid and in what form
  • Maximising the amount able to be retained in super on death & dealing with any liquidity issues
  • Demystifying transfer balance accounts
  • Reversionary pensions vs non-reversionary pensions
  • Dealing with insurance proceeds
  • Effect(s) on ECPI and strategies to maximise fund's position
  • Getting the documentation right

This Masterclass is a repeat of our popular Death Masterclass from prior years, updated for new developments since that time. 

Group discounts are available: If you would like to register a group of 6+ registrations to the Masterclass at a discounted price, please email events@heffron.com.au for pricing.

Find out more about this Masterclass here

Our expert speakers

You will have the opportunity to hear from the best in the business as they take a deep dive into complex strategies, updates on legislation and regulation, best business practice and more. Don't miss it!

Meg Heffron

Managing Director

Our Managing Director Meg Heffron, has been working exclusively in SMSFs since 1998. She is one of the few actuaries to work in all areas of SMSF practice. Her passion is turning technical knowledge about SMSFs into practical solutions that accountants and advisers can use to help their clients and grow their businesses.

She is a sought after speaker at events for industry professionals and their clients, a regular contributor to the Australian Financial Review, The Australian and SMSF trade publications and a trusted source in the development and implementation of superannuation policy via government and regulators.

Lyn Formica

Head of SMSF Technical &
Education Services

Lyn specialises in providing technical advice on superannuation matters to the accounting, legal and financial planning industries. She regularly prepares papers and presentations for the many accounting firms and professional bodies around Australia.

With over 25 years’ experience in superannuation and the administration of self managed funds, Lyn is also an accredited SMSF Specialist Advisor of the SMSF Association.

Leigh Mansell

Director SMSF Technical & Education Services

Leigh is intimately involved in developing the firm’s range of products and services for clients (including technical and educational materials) and the provision of technical support to SMSF practitioners and their clients.

She is a Chartered Accountant with over 25 years of superannuation experience and has specialised in SMSF technical support, advice and administration for almost 20 years. This gives her a unique ability to advise not only on the technical issues faced by SMSF practitioners but also the practical solutions she has developed and implemented.

Accredited CPD Education

The SMSF Association is dedicated to lifting the standards of professional SMSF advice and services through quality SMSF education and has developed a CPD accredited training program to validate SMSF education for practitioners within the sector.

Heffron's activities have been assessed against the Association’s professional training standards that set the benchmark in the SMSF sector.

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Testimonials

Heffron training is always first quality and relevant.

Linda Cole

Leigh has a great knowledge and approach and gets through the program well and keeps us involved. The examples are good and you can tell there has been work put into the presentation. Really good. All the slides worked and the IT - that's unusual at many presentations I run or attend!

James Garnsey

Lyn presented in a way that was easy to understand and really engaged the audience.

Bec Peterson