Devil in the detail on super changes

Proposed changes to superannuation have the potential to reshape the retirement landscape. The objective of super remains the missing ingredient in the mix.  

How Long Could You Survive Drinking Only ………

Here's how long you'd live consuming only this liquid, and nothing else.

More women take up SMSF as others look for advice

A new report from AUSIEX shows that in 2022, new SMSF trading accounts were relying more on advice, were increasingly female and favoured a distinct mix of asset classes, securities and sectors.

More SMSF members accessing funds without meeting conditions: ATO

The ATO said it is seeing a rise in behaviours which indicate SMSF members may be accessing their funds before meeting the conditions of release.

Australian equities retain grip on SMSF assets

  The largest portion of the SMSF investment pool is held in domestic shares, according to a recent survey.      

One in seven SMSF directors yet to apply for ID

  Around 100,000 SMSF directors still need to apply for their director ID despite the deadline passing two months ago.  Extensions are available for legitimate reasons.  

Inflation edges lower while GDP grows but slows

  The latest figures from the ABS reveal economic growth last year and show inflation coming off its peak.  

Draft super objective to ‘protect super from interference’

Superannuation bodies have welcomed the government’s draft objective for superannuation, stating it will provide equity in the system and help protect preservation.

No plans to extend NALI compliance relief, says ATO

The ATO says it does not intend to extend PCG 2020/5 for another year and will wait to see what changes the government legislates.