Written by: Mark Ellem Head of Education (SMSF)Accurium First published in selfmanagedsuper magazine. In the run up to 30 June 2024 whilst the focus was on end of financial year matters, the ATO released the final updated version of their pension ruling TR 2013/5: when a superannuation income stream commences...
Written by: Melanie DunnPrincipalAccurium First published in Class Benchmark Report 2024 Each year in the Class Benchmark Report – a report which utilisess Class data from over 180,000 SMSFs to uncover the key trends and insights shaping the SMSF industry – you will find expert insights from industry leaders and...
Written by: Anthony CullenSenior SMSF EducatorAccurium First published by selfmanagedsuper on 18 July 2024. At the time of writing, the Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2023 and Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other Measures) Bill 2023 (combined to be colloquially known as Division 296) remain...
Written by: Mark Ellem Head of Education (SMSF)Accurium This article was first published in selfmanagedsuper magazine issue 45. Income protection insurance is often held outside of superannuation due to the fact that unlike life, total and permanent disability (TPD) and terminal illness insurance premiums, an individual can claim the premiums...
First published in selfmanagedsuper magazine. As another compliance season ramps up and the focus turns to preparing financial statements, the SMSF annual return and arranging the audit for SMSFs in respect of the 2022-23 financial year, one factor for consideration is the disclosure of the income from both an accounting...
Paying out in the final year of a Market Linked Pension Considering market linked pensions (MLP) came into being from 20 September 2004 and could only be commenced from a member’s accumulation interest up until 20 September 2007, many of these pensions are coming to the end of their term....
