In the first of three videos around the impacts of licensing for accountants advising on SMSFs, Kath Bowler, Head of SMSF Advice shares with me some of the important aspects that need to be considered in determining whether licensing is right for you? With the new limited licensing regime expected to commence from 1 July 2013, …
Once upon a time, there was an accountant who was keen to grow his practice and build on his SMSF expertise. He did his research and decided that some form of ASIC licensing would be a good idea. He wasn’t wanting a change in career, but he did want to expand his service offering. He did his …
Aaron is recognised as one of Australia’s leading Self Managed Super Fund experts providing strategic advice and direction for SMSF Trustees and financial services professionals. Have you considered advertising of The Dunn Thing to reach more than 8,000 highly engaged visitors each month (and growing).
Our RG146 SMSF education is: entirely web-based built by industry experts highly interactive using a range of multimedia current – comprising all new, up to date content practical – and includes case studies to help you learn about key issues and apply the best strategies. Click here to find out more.
Aaron Dunn is one of Australia’s leading experts and strategists in the area of Self-Managed Super Funds. Aaron is a regularly sought after speaker within the industry where he shares his views and strategies on SMSFs.
The self-managed super fund sector is Australia’s largest superannuation segment with more than 470,000 SMSFs in operation looking after the retirement savings of more than 900,000 Australians.
The ability to borrow to acquire property within a SMSF using a Limited Recourse Borrowing Arrangement (“LRBA”) is experiencing exponential growth. This property acquisition strategy has been embraced not just simply by “Mum & Dad” SMSFs but is becoming increasingly popular with business “partners”. The prospect of acquiring property from which to operate a business, … Continue reading »
There were many people waiting with bated breath for this year’s Federal Budget to see if the Labor Government had any further ‘superannuation tricks’ up their sleeve to address what seemed an ever-growing budget deficit. After announcing a range of reforms on 5 April 2013 to appease much of the constant rumours of an attack … Continue reading »
The Government has moved quickly on their 5 April 2013 announcements to increase the concessional contribution (CC) cap, with Treasury releasing of an exposure draft (for industry consultation) which outlines details proposed increases from 1 July 2013. The increase in the CC cap is to be phased in, with an: increase to $35,000 from 1 … Continue reading »
With the growing number of SMSF members moving towards retirement, there is a growing focus on benefit payments from superannuation. Within the SMSF environment, the ATO has taken an increased interest in this area from a compliance perspective, with guidance focusing on when pensions commence and cease, along with key issues around funds claiming tax … Continue reading »
There are a range issues for accountants to consider as they look to move into licensing to advise their SMSF clients. Whilst some may retain a ‘status quo’ until the removal of the removal of the accountant’s exemption from 1 July 2016, many are doing the training and education now, along with the necessary planning … Continue reading »
The recent release of the 2008 Penfolds Grange is being regarded as one of the best ever! Some wine critics have already scored the wine 100/100, with the increased demand seeing prices for a bottle at around $700. Could it be a an investment for your SMSF? It certainly can, but there are a few … Continue reading »
The growing interest of property investment within self-managed super funds has certainly extended to individuals looking to undertake some of the property improvements themselves to build retirement savings (e.g. builders). Recent discussion within the NTLG Superannuation Technical Sub-group (March 2013) looked at the issue of a related party undertaking improvements to a property at no … Continue reading »
Everybody’s appetite for risk differs. When it comes to superannuation, managing risk is typically isolated to death and disability. However, with the continued growth of superannuation, we have seen in recent years an increasing propensity for politicians to make change, ranging from contribution caps through to taxation on contributions and fund earnings. This continued uncertainty … Continue reading »
As the end of the financial year fast approaches, tax planning is an important consideration for SMSF trustees who are looking to maximise opportunities available within their self-managed super fund. Join Aaron for this one hour webinar, where he will discuss a range of tips and traps leading up to 30 June, along with some … Continue reading »
It was with much relief in the Mid-Year Economic and Fiscal Outlook (MYEFO) that the Labor Government responded to industry concerns raised about when a pension ceases at the death of a member. This announcement (currently as draft regulations) provided tax certainty for deceased estates, effectively continuing a fund’s tax exemption after the death of … Continue reading »