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Tag: SMSFs.

A super dream put to rest

SUMMARY: Big-picture changes are coming to superannuation. It’s never too early to plan to beat them. It’s time to declare at least one superannuation dream dead. It’s been in a coma for a while. But Treasurer Joe Hockey put a pillow over its face last week and held it down tight. It didn’t fight back. […]

Super benefits after death

SUMMARY: Anti-detriment payment after death from your SMSF are a way of recouping tax paid for your beneficiaries. Taxation can be a funny thing. Some tax rules seem particularly unfair. Others … you are sometimes left to wonder how legislators dreamt up something so sensible and generous. The latter is the case with what’s known […]

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 […]

Crunching superannuation gearing

SUMMARY: An appetite for gearing risk is back for investors. Here’s the menu for super investors who are hungry. More than six years after the barn doors were fully opened, gearing for superannuation funds remains divisive. Many have not embraced it and would still like to see it banned again. It’s good that it hasn’t […]

Crunching the gearing

SUMMARY: An appetite for gearing risk is back for investors. Here’s the menu for super investors who are hungry. More than six years after the barn doors were fully opened, gearing for super funds remains divisive. Many have not embraced it and would still like to see it banned again. It’s good that it hasn’t […]

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 […]

Secret lessons from DIY funds

SUMMARY: Taking SMSFs seriously – now fund managers and stock brokers want to know how we think so they can second guess us. Yes, self-managed super funds are a force to be reckoned with. You and I have known that for some time. But it’s only now just dawning on some elements in the finance […]