The SMSF Association said it is concerned about the impact of the proposed amendments to denying deductions for the general ...

There are still many SMSF trustees and professionals who lack understanding of how the proposed Division 296 will work, says ...

A lump sum withdrawal from a superannuation account shortly before the death of a member but received days after death is ...

It is more tax effective to leave superannuation to an estate rather than a binding death benefit nomination to children, ...

Financial advisers will be pivotal in ensuring that wealth is passed on efficiently and in a way that aligns with the goals ...

It’s essential to “read the deed” after a member’s passing, even if a trust deed has been drafted specifically for their ...

The SMSF Association has urged the government to allow a pension reserve to be exited where the recipient had died.

The inheritance of a reversionary pension is a trigger event for the beneficiary’s transfer balance cap if they are not ...

The interplay between reversionary pensions and binding death benefit nominations regarding which one takes priority is a ...

Some exceptions allowed under s66 enable an SMSF to acquire assets from a related party, such as listed shares, business real ...

Using a spousal contributions strategy to a second spouse can be problematic because money may not naturally flow to children ...

The Financial Advice Association Australia said it supports the draft legislation on legacy pensions but has urged the ...