Look before you leap with TRIS election strategy
Professionals / SMSF / SMSF Compliance / SMSF Strategy

Look before you leap with TRIS election strategy

It would be fair to say that new strategies have been relatively ‘light on’ over the past few years in the superannuation space.  So, when the industry gets wind of a new strategy that arguably changes the game for transition to retirement income stream (TRIS) recipients, the excitement certainly lifts amongst SMSF professionals. The decision in private … Continue reading »

10 things you need to know about using a contribution reserve
Contributions / Professionals / SMSF / SMSF Strategy

10 things you need to know about using a contribution reserve

The use of a contribution reserving strategy with SMSF trustees is one of the more popular strategies for individuals to utilise where they may have abnormally high levels of income for a financial year (e.g. CGT event) or where an employee may receive a bonus that can be salary sacrificed into their SMSF.  Since the ATO initially released … Continue reading »

Ten SMSF tax planning tips and traps
Professionals / SMSF / SMSF Compliance / SMSF Strategy

Ten SMSF tax planning tips and traps

As we move towards 30 June, our focus starts to turn to strategies and ideas for our SMSFs to try to capitalise on the many opportunities available before the end of the tax year.  Whilst there are a broad range of SMSF strategies available around contributions, pensions and more, it is equally important to ensure trustees and professionals don’t … Continue reading »

Five questions for SMSF professionals to ponder for 2015
Professionals / SMSF / SMSF Strategy / Technology

Five questions for SMSF professionals to ponder for 2015

The answers can go a long way toward powering your SMSF business growth this year. 1. Should you re-engage all of your SMSF clients? For your growth to soar, it is important to understand that you have the ‘right’ clients on board.  What level of segmentation have you done amongst your SMSF client base?  What … Continue reading »

You can cross-out cross member insurance for LRBAs
Professionals / SMSF / SMSF Strategy

You can cross-out cross member insurance for LRBAs

The concept of cross member insurance for individuals who have entered into a limited recourse borrowing arrangement to reduce or eliminate debt in the event of a member’s death was a popular strategy with non-tax dependant relationships within an SMSF.  This was because it provided a more palatable alternative, rather than a potential forced sale of … Continue reading »

Look ahead to plan your non-concessional contributions
Contributions / SMSF / SMSF Strategy / Trustee education

Look ahead to plan your non-concessional contributions

The use of the bring-forward rule with non-concessional contributions (NCC) has certainly been a popular strategy amongst self-managed super fund members, utilised extensively since 1 July 2007 with cash contributions, in-specie asset transfers and re-contributions.   Since the inception of these contribution caps, interestingly the non-concessional contribution cap has never indexed from its $150,000 limit, … Continue reading »

Join Aaron at the SMSF Strategy Days
Announcements / Professionals / SMSF / SMSF Strategy

Join Aaron at the SMSF Strategy Days

The SMSF sector represents one of the most exciting business growth opportunities for financial services professionals. Specialists who are engaged, educated, confident and compliant can tap into the growing demand for tailored SMSF advice. Now in its seventh year, the SMSF Strategy Day is the premier event for SMSF advice specialists seeking to grow their … Continue reading »

SMSF anti-detriment reserving strategy reborn?
Estate Planning / SMSF / SMSF Strategy

SMSF anti-detriment reserving strategy reborn?

The changes to excess concessional contributions from 1 July 2013 have certainly been a popular outcome for both professionals and individuals who have endured ECT breaches due to the ever-changing contribution caps. As is typically the case, legislative change opens new strategy doors, or in some instances, re-opens once popular strategies.  This is certainly the … Continue reading »

Building your SMSF social media strategy (Part 2 – Strategy & Implementation)
Professionals / SMSF / SMSF Strategy / Social Media

Building your SMSF social media strategy (Part 2 – Strategy & Implementation)

In Part 1 of building your SMSF social media strategy, we discussed the importance of laying the foundations.  Having identified where your clients are having conversations online, where and how your business or industry is discussed online, it is now time to develop and implement your social media strategy to build engagement with SMSF trustees. … Continue reading »