This month we were fortunate to welcome a small team of courageous high school kids for a week to help us with our work on improving financial literacy for younger people.

Does ECPI continue on my reversionary pension even though it will put me over my Transfer Balance Cap?

Treasury Laws Amendment (2018 Superannuation Measures No.1) Bill 2019 has received Royal Assent and in relation to the TSB changes is effective from 1 July 2018.

In any society that has seen an unprecedented and rapid increase in longevity, the ageing and retirement income policy settings are crucial. For this reason, the Government’s Review into the Retirement System is to be welcomed.

When your client already has an established company, it is natural to ask if that company can be the Trustee of their new SMSF. We don’t recommend this approach - let’s have a look why.

Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2019 was passed by the Senate on Thursday 19 September. At long last, it allows certain people to opt out of receiving Superannuation Guarantee contributions.

The ATO updated its policies around the implication of late SMSF Regulatory returns on Wednesday - alerting trustees and accountants via changes to its website.

The ATO recently identified approximately 18,000 SMSFs who hold 90% or more of their assets in a single asset or a single asset class. The ATO is concerned that these funds may not have met their investment strategy requirements.

The term “as soon as practicable” appears several times in tax and superannuation law – it’s never defined and often has different meanings depending on the context.

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.