There does not appear to be any restriction in the Superannuation Industry (Supervision) Act or Regulations (SIS) which would prevent a person acting under an EPOA from completing and signing a BDBN.

No, but it may still be appropriate to do so depending on the fund’s future intentions.

The 1 July 2017 changes to superannuation pensions introduced a new rule of thumb – most people can only convert $1.6m to a retirement phase pension over their lifetime.

Can an SMSF receive excess concessional contributions when a member has reached the $1.6m total super balance limit? SMSF Magazine featuring our own Meg Heffron explains the fine details.

Most practitioners would be aware that superannuation is not covered by the deceased’s will and can only be paid to a limited group of beneficiaries. The practicalities are often still quite opaque.

The Government has introduced two bills to the House of Representatives; one that had previously lapsed when the Federal Election was called, and one containing a long overdue improvement to salary sacrificing.

Approximately 10% of SMSFs own commercial property and often this commercial property is leased to a related party. There are a number of rules to follow to ensure the arrangement complies with the superannuation / tax laws.

With a new financial year upon us, you may be thinking about what contribution caps apply for the 2019/20 financial year.

Normally any conversation about accessing superannuation is linked to retirement. But in superannuation, only people who have worked at some point can actually retire.

A clear majority of SMSF professionals voted Heffron SMSF Administrator of the Year 2019.

With a new financial year almost upon us, it is time to make ourselves familiar with the various superannuation related thresholds applying for the 2019/20 financial year.

Historically the validity of contribution reserving strategies had been the subject of much debate, with many advisers doubtful they passed the “sniff test” particularly for single member funds.