Could lump sum changes bring-forward your recontribution plans?
Federal Budget / Opinion / SMSF

Could lump sum changes bring-forward your recontribution plans?

It’s typically about this time of year where the Government of the day starts to test the public ‘mood’ pre-budget with various policies under consideration.  One that has gained some momentum in the past few days within the media has been a potential to limit lump sum withdrawals from superannuation. A recommendation from the Financial Systems Inquiry … Continue reading »

Good to Great – Creating a great SMSF business
Opinion / Professionals / SMSF / SMSF Business Model

Good to Great – Creating a great SMSF business

I love going to events outside of my industry to not only improve myself, but to also look at what I can apply back into an SMSF sector than is fast becoming its own profession.  When I heard that this year’s Growth Summit event was to include the legendary Jim Collins, along with Verne Harnish … Continue reading »

Is leverage a good thing within superannuation?
Limited Recourse Borrowing Arrangements / Opinion / SMSF

Is leverage a good thing within superannuation?

One of the most vocal aspects of the FSI interim report has been the use of leverage within superannuation.  It is a debate that has raged since the recommendation from the Super System Review (Cooper Review) to review leverage inside superannuation approximately two years following the final report.  Earlier this year at the SPAA National conference, … Continue reading »

Must be time for mud-slinging about SMSF fees and minimum balances
Government / Opinion / SMSF

Must be time for mud-slinging about SMSF fees and minimum balances

You can always tell when a Government inquiry is occurring because ‘mud-slinging’ becomes the national pastime for many pockets of the financial services industry. Self-managed super funds (SMSFs) become a key target for many at these times given its continued growth, with rhetoric about minimum balances again for SMSFs, the ATO’s ability to regulate the sector and more…  I am … Continue reading »

Is SMSFs the disruption the super industry had to have?
Opinion / SMSF

Is SMSFs the disruption the super industry had to have?

In the past few days we’ve seen commentary from the ‘other side of the fence’ about the supposed perceived risks of the SMSF sector, including union heavyweight Paul Howes (National Secretary of the AWU) chiming in with an article in the Australian Financial Review (AFR) about the ‘heady mix of super and property’.  This was … Continue reading »

A Merry Christmas to you…
Opinion / SMSF

A Merry Christmas to you…

Wish you all the very best for the festive season! Tis’ the season to be jolly, however doesn’t the Christmas period always have a way of increasing the stress levels! Well, what a year it has been for self-managed super funds… we’ve seen changes with concessional contribution caps, excess contributions tax reforms, proposed measures to … Continue reading »

INFOGRAPHIC: 10 predictions for the future of the SMSF Industry
Opinion / Professionals / SMSF

INFOGRAPHIC: 10 predictions for the future of the SMSF Industry

Ok, I’m going to be bold… well, not too bold but bold enough to put together 10 prediction for the future of the SMSF industry from what I’m observing in key trends, challenges and opportunities with the SMSF sector. The landscape of the SMSF sector is rapidly changing – from the age demographic of new … Continue reading »

SMSF Podcast Show – Episode #4
Opinion / SMSF

SMSF Podcast Show – Episode #4

With the superannuation assets now surpassing $1.6 trillion and projected to grow to $7.6 trillion by 2033, the industry has a range of opportunities and challenges in dealing with the growth of the super system, including the battlegrounds for pre and post retirement assets, the generational shifts in wealth in the coming years and issues … Continue reading »

Has Labor got the balance right with it’s proposed super changes?
Contributions / Opinion / Professionals / SMSF / SMSF Compliance / Trustee education

Has Labor got the balance right with it’s proposed super changes?

After speculation of changes to superannuation reached fever-pitch, we saw today the Treasurer, Wayne Swan and Minister Bill Shorten announce reforms to address issues of adequacy and sustainability for the long-term future of superannuation.  It’s pitch was clear, fairer super for all Australians. It is important to remember, these are simply announcements to be delivered … Continue reading »

Superannuation rumour-mill in overdrive with the Federal Budget approaching
Opinion / SMSF

Superannuation rumour-mill in overdrive with the Federal Budget approaching

It seems not a day goes past in the news at the moment where the Labor Government’s ‘robin hood’ approach to superannuation tax reforms are discussed. Depends on which side of the fence that you sit, it is either a tax-grab from a bulging retirement bucket, or it’s providing reform to address longer-term adequacy and … Continue reading »