by Ben Smith | Dec 2, 2016 | SMSF Specialists
On Wednesday 23 November 2016 the Government’s superannuation legislation was passed by the Parliament making the superannuation changes it originally announced in the 2016 Federal Budget law. Changes in the legislation that need to be considered include; lower...
by Ben Smith | Oct 26, 2016 | SMSF Specialists
Dr Shane Oliver, the AMP’s Chief Economist and Head of Investment Strategy and Economics, is responsible for AMP Capital’s diversified investment funds. He also provides economic forecasts and analysis of key variables and issues affecting, or likely to...
by Ben Smith | Oct 1, 2016 | SMSF Specialists
According to ATO data released in August 2016, $11.7bn is sitting in lost super accounts. Super is considered ‘lost’ when a fund is unable to contact the individual and hasn’t received a contribution to an account for 5 years. The ATO reports that...
by Ben Smith | Sep 30, 2016 | SMSF Specialists
The next due date for quarterly SGC super contributions is 28 October 2016 and you need to be SuperStream ready to make this contribution. What Are The New Requirements? Under the new SuperStream system, the contribution information and the payment must be submitted...
by Ben Smith | Jul 22, 2016 | SMSF Specialists
The main superannuation policy changes proposed by the Coalition going into the recent election are summarised below. The most controversial of these changes is the introduction of a lifetime non-concessional contributions cap of $500,000 that includes any...
by Ben Smith | Jun 23, 2016 | SMSF Specialists
A reduction in concessional contribution caps, the lowering of the Division 293 tax threshold, capping tax-free assets in retirement and a lifetime limit for non-concessional contributions are just some of the changes that were in the Budget announcements this year to...
