Skip to content

News

SMSFs: Note that trauma insurance is not allowed after July 1, 2014

August 7, 2014

From July 1, 2014, a self-managed superannuation fund (SMSF) can only provide an insured benefit for a member for an event that is consistent with one of the below conditions of release of a member’s superannuation benefits: death terminal medical condition permanent incapacity (causing the member to permanently cease working), or temporary incapacity (causing the…

Read more

Timely tip for SMSFs: Audit your fund before annual return deadline

February 3, 2014

Many of you may just be getting back into your regular routine, but one thing to take note of if you are a self-managed superannuation fund (SMSF) trustee is that the 2012-13 SMSF annual return deadline is fast approaching. Lodgement dates For the 2012-13 annual return, the deadline for SMSFs that are wise enough to…

Read more

When can I access my SMSF?

September 3, 2013

Self-managed superannuation funds (SMSFs) are typically established to fund the retirement of its members, meaning accessing benefits is generally only allowed when a member reaches their “preservation age” and meets one of the specified conditions of release. What is my preservation age? Preservation age depends on when a person was born (see following table). Date…

Read more

Annual returns for newly registered SMSFs due soon

February 12, 2013

Trustees of self-managed superannuation funds (SMSFs) have been urged to prepare for the impending 2011-12 annual return deadline. If you belong to a newly registered SMSF – and assuming you lodge your returns with the help of this office – you will usually have a 2011-12 annual return deadline of February 28, 2013. To meet…

Read more

Changes in the SMSF landscape for 2013

February 12, 2013

Managing your retirement savings and controlling an investment portfolio are two responsibilities that are stressful enough without having to worry about the minefield of potential compliance mistakes that can be inadvertently made. Here we have compiled suggestions as to what self- managed superannuation funds (SMSFs) should look out for in 2013. Remember the changes to…

Read more