SMSF contributions for FY12 up almost $7,000

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Average self-managed super fund (SMSF) contributions for the 2011/2012 financial year were up $6,833 from last year to $47,533 and cash holdings increased significantly in the June quarter, up by... Read more continue reading

Self managed super fund average balance tips over the $1 million mark

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The annual Vanguard / Investment Trends Self Managed Super Fund (SMSF) Report, released this week, reveals the continuing growth in both the number of SMSFs being established and the growth... Read more continue reading

SMSF ‐ Pre 30 June 2012 Update

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For those working with superannuation the following two strategies are worth considering prior to 30 June. In‐Specie Asset Transfers Announced last year under the Stronger Super reform, (although yet to... Read more continue reading

How much can I contribute?

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There are two types of contributions that can be made to superannuation. These are known as Concessional (pre-tax) contributions and Non-Concessional (post-tax) contributions. There are contribution caps that determine the... Read more continue reading

Multiport Investment Patterns Survey March 2012

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To get a closer insight into where SMSF trustees invest, Multiport undertakes an analysis of our SMSF’s investments each quarter to look at the up to date asset allocation and... Read more continue reading

Administrative penalties for SMSF trustees

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Trustees and directors of corporate trustees may have to pay an administrative penalty if their SMSF contravenes superannuation legislation. The size of the penalty will depend on the seriousness of... Read more continue reading

Has the government stemmed the flow of SMSFs?

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Self Managed Superannuation Fund (SMSF) statistics released by the Australian Taxation Office (ATO) for the December 2011 quarter which show some slowing in the growth in the sector raise some... Read more continue reading

SMSF Academy: SMSF statistical overview welcome but missing micro view

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While the Self-managed superannuation funds: A statistical overview 2008/09 (the Overview) released by the Australian Taxation Office (ATO) provides many valuable insights into the sector, the statistics need to be more... Read more continue reading

Multiport SMSF investment patterns survey

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To get a closer insight into where SMSF trustees invest, Multiport regularly undertakes an analysis of our SMSF’s investments to look at the up to date asset allocation and investment... Read more continue reading

Tax reform must address unfair super tax penalties and encourage saving

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The Self Managed Super Fund Professionals’ Association (SPAA) has today called for tax reforms including an increase in the annual concessional superannuation caps and a solution to the problem of... Read more continue reading