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Tag: Concessional contributions

SMSF money is moving out of cash

SUMMARY: A speed gun would clock it at marginally faster than glacial, but SMSF money is moving out of cash. To where is the surprise. There are two assets that Australian SMSF trustees love more than any other – cash and Australian equities. Often, SMSFs will hold 100% of their funds in these two assets […]

Super… nest egg, not nest

SUMMARY: No. No! NO! Ignore this nonsense about accessing super early to buy homes. It’s dumb on many levels. Australians should not be able to access their super funds to purchase homes. Not under Australia’s current super system. Calls to do so are populist claptrap, sometimes pushed by self interest. To date, the calls have […]

Super concessional contributions caps to rise for under 50s … don’t miss it!

SUMMARY: Positive developments on two fronts in super, with lighter regulation of SMSFs a possibility. It seems like the tide has been running out forever for superannuation investors, including SMSF trustees. In reality, it has been about six years. But recent evidence suggests the tide has turned. And in the last week, SMSF trustees (and […]

What’s on the budget’s super wish lists?

SUMMARY: Superannuation Budget submission time – a time for wish lists and the tooth fairy. The air surrounding Joe Hockey’s first Budget as Treasurer is getting pretty thick and acrid. It’s still two months’ away. But there’s every indication that it will be a true “horror” document felt in hip pockets everywhere. Very little seems […]

What’s on the budget’s super wish lists?

SUMMARY: Superannuation Budget submission time – a time for wish lists and the tooth fairy. The air surrounding Joe Hockey’s first Budget as Treasurer is getting pretty thick and acrid. It’s still two months’ away. But there’s every indication that it will be a true “horror” document felt in hip pockets everywhere. Very little seems […]

Taking stock of in-specie transfers

SUMMARY: Time to start considering some tax planning after another good run for shares. So let’s revisit in-specie transfers to your SMSF. There was a time, fairly recently, when SMSFs trustees were considered liars and frauds in the eyes of the government (and the Treasury). At least in regards to the in-specie transfer of assets […]

SMSFs become a distorting force

SUMMARY: The power wielded by Australia’s SMSF sector is growing. Will we use that power wisely, or just in individual self-interest? When it comes to throwing its weight around, there is one super fund that can put quakes and quivers into the spines of board directors globally. CalPERS, the California Public Employees’ Retirement System, can […]

Getting your SMSF 2014 ready

SUMMARY: Here are nine steps to get your SMSF ready for whatever’s ahead in 2014. In life, you can look forward or you can look back. But it usually pays to do a bit of both. While the final results aren’t in yet for calendar 2013, it was a fine year for investors and self-managed […]

Is property best inside a SMSF?

SUMMARY: You’re ready to buy an investment property. But inside or outside a SMSF? Here’s what you need to weigh up. It’s a parent’s lot to put their children’s interests ahead of their own. Some take it a little further than others and they are prepared to make sacrifices beyond the time when the “raising […]

Making death less taxing for your kids

SUMMARY: Do you want to make it tax-free for the next generation? A recontribution strategy requires some forward planning. We all know and love super as this great income stream that comes to us tax-free eventually, usually after we turn 60 or 65. Well, most of it comes tax-free to nearly all of us. There […]