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Transferring wealth to the next generation
Inheritance planning, particularly the future division of wealth and the intended treatment of assets, should be openly discussed at the family level.
Last chance for $25,000 super deduction
For those with a super balance under $500,000, the 2024 financial year is the final year unused concessional contributions from the 2019 financial year can be applied.
Our investment and economic outlook, August 2023
Read our latest forecasts for investment returns and our region-by-region economic outlook.
Managing complex relationships in SMSFs comes down to well-crafted deeds
Marriage breakdowns and SMSFs are tricky and expensive, but if the fund has extended family members included it can get even trickier, says the head of a national SMSF advice company.
Advice-Related Complaints Low Despite Huge Rise In General
Of the nearly 97,000 complaints lodged with AFCA in the past 12 months, less than 5% were related to investments and advice and just under 2% were about life insurance. A statement from the authority says consumers in dispute with financial firms lodged a record 96,987 complaints, an “unprecedented” rise of 34% on the previous financial year.
Understanding the role of custodians
Investment custodians have an important function to safeguard the assets of millions of Australian investors.
Taxing unrealised capital gains a grave concern: Burgess
The SMSFA has renewed its call for a more equitable and less costly approach to the federal government’s proposed new tax on superannuation balances exceeding $3 million.
Returns rebound in 2022-23
Investment markets rebounded in 2022-23. But it's important to understand that asset class returns vary from year to year.
From purchase to lease, SMSF property documentation is essential
Lease agreements for property must also adhere to non-arm’s length regulations to avoid the scrutiny of the ATO, says an SMSF expert.