Community

Work test changes open up TBC strategies for couples

 The contribution changes coming in on 1 July will provide more time for spouses in SMSFs to even up their balances and maximise their transfer balance cap, according to an advisory firm.

Talking money with a partner

 Here are some factors to consider before you join finances with a partner.

ATO flags changes to TBAR reporting

 New rules are in effect, which will see changes to how SMSFs manage transfer balance lodgement.

RBA rate rise spurs mixed response from SMSF lenders

 While the official interest rate increase has seen some SMSF lenders raise their interest rates, others are holding off for now.

ATO ramps up identity fraud detection for new SMSFs

 Around a quarter of the individuals being identified as high risk under the ATO’s new registrant program have compromised identities, said the ATO.

How advice gets you closer to your goals

 A recent Vanguard survey found that investors believed financial advice provides substantial portfolio, financial and emotional value, and got them closer to achieving their financial goals.

SMSF account openings shift from self-directed to advised clients

 The statistics have begun to change coming out of the COVID-19 pandemic, according to new findings from Australian Investment Exchange Limited (AUSIEX).

Largest cities in the world 1500 to 2100

 The information in this chart is fascinating from both an historical perspective as well as what it predicts. It also guarantees you'll be the breakfast table expert every time.

Investors are becoming more ethically conscious

 Investors worldwide are becoming more actively engaged with where their money is being invested, with flows into ESG products continuing to build momentum.

ATO ruling may offer solution to NALE issues

 Amendments being made to contribution ruling TR 2010/1 may provide a fix to some of the significant issues with the non-arm’s length expenditure rules, said the SMSF Association.