ATO confirms SMSF contribution member-test

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The ATO has confirmed the long held view that a rollover/benefit transfer to an SMSF in respect of a member will be treated as a contribution for the purpose of

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BT Wrap unveils online enhancements ahead of year-end

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BT Wrap has launched a series of improvements to its platform as 30 June approaches, including changes to its comprehensive year-end microsite and a refreshed look and feel for its

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FPA: Measures to fix excess contributions falls short

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FPA propose further reforms to super contributions to secure Australia’s long term retirement savings. x Last night’s Federal Budget announcement allowing excess superannuation contributions to be refunded back to the

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SPAA says Budget fails to adequately address excess contributions problem

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SPAA believes measures do not go far enough and will deny middle Australians the opportunity for saving for a comfortable retirement The Self-Managed Super Fund Professionals’ Association of Australia (SPAA)

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SPAA says raise the caps or exclude non-concessional contributions

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If the annual $50,000 cap can’t be raised for everyone aged 50+, then exclude non-concessional contributions from the mooted $500,000 threshold super balance. The Self Managed Super Fund Professionals Association

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Prime Super to appoint Russell as administrator to fund

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New partnership set to assist in driving Prime Super’s growth agenda Prime Super, Australia’s only national super fund for rural and regional Australia, has agreed in principle to appoint global

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Super balances up but Australians remain cautious

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Superannuation balances are higher than peak 2007 levels for the first time, increasing 11.4% from $40,132 to $44,690, according to the latest AMP Retirement Adequacy Index. The AMP Retirement Adequacy

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Higher caps will improve adequacy

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The Financial Services Council today welcomed the Federal Government’s announcement of new rules making it easier for those nearing retirement to make ‘catch up’ contributions to their superannuation. John Brogden,

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Strategy for making contributions important to avoid excess risk, says expert at SPAA National Conference

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There are ways to manage excess contributions and contribution strategies to consider The halving of the super contribution caps has resulted in rising instances of people making excess contributions and

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SPAA National Conference: SPAA predicts year of clarity for SMSFs

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SPAA will work towards resolution of the excess contributions tax issue for investors and replacement of the accountants’ exemption as new SMSF issues emerge The Self Managed Super Fund Professionals’

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