Super Technical Updates 

 

Do you Really Need $1m to Start a SMSF?

October 7, 2018

TAG financial planning

Unless you’re a millionaire, is a SMSF worth it for you? There has been a lot of talk in the media recently, driven largely by the uncovering’s of the Royal Commission as well as the Productivity Commission findings, surrounding the appropriateness of Self-Managed Funds. Do you need $1m in super to have an SMSF? If…

Read more…

 


Do More Members in a Fund Mean More Opportunities?

June 1, 2018

The Federal Government, on 27 April and again on Budget night, announced a proposed increase to the maximum number of members permitted in an SMSF and small APRA fund from 4 to 6.  This proposal will take effect from 1 July 2019, if legislated.   This is an exciting development as it provides advisers and clients…

Read more…

 


Federal Budget

May 26, 2018

Happy Days for Super in the Budget Treasurer, Scott Morrison, delivered his third Federal Budget on 8 May 2018 and the third budget of the Turnbull government, which is the best budget for super for years.   Below is our summary of the Federal Budget superannuation essentials.   BUDGET ESSENTIALS 2018   No. of Members in…

Read more…