SMSFs cautioned on ‘strict conditions’ with SMSF lending
Where SMSFs are planning to lend money there are some important conditions to be aware of including who the money is lent to and the reason for the loan.
Latest Financial Planning News
Downsizer age reduction now in force
With the eligibility age for downsizer contributions now age 55, the SMSF Association has highlighted some important considerations for younger clients looking to use the measure.
ATO raises alarm on asset protection scheme for SMSFs
The ATO is concerned about SMSFs entering into certain asset protection arrangements that involve a ‘Vestey Trust’.
2022 by the numbers
How did share markets around the world performed last year? And what investment lessons can we learn from 2022? Read on to find out.
Draft legislation released for franking credit changes
The government has released draft legislation on its measure to alter the tax treatment of off-market share buybacks.
Advisers warned on major timing traps with lifetime CGT cap
Planning ahead is critical for clients wanting to make super contributions under the lifetime CGT cap given some of the tight timeframes, CFS has cautioned.
Positive results from research into the value of financial advice.
A recent study shows that Australians who have an active relationship with a financial planner are not only better off financially than unadvised Australians – they also have a better quality of life.
SMSF professionals play critical role in Age Pension planning
With the recent ATO statistics indicating a significant proportion of SMSF members in retirement phase may be eligible for the Age Pension, Accurium has highlighted this as an important planning consideration.
Making the most of your super limits
Getting more money into superannuation is a proven way of building wealth to spend in retirement.
