Earlier access to super a key benefit of transition to retirement income stream

by John Wasiliev   19 Oct 2017  Australian Financial Review One of the strategic changes to superannuation rules from July 1 was the loss by a transition to retirement income stream (TRIS) not in retirement phase of its entitlement to tax-free investment earnings, a concession that is now restricted to retirement phase pensions. Given a widely-held claim that…

Post 1 July 2017 – Super contribution strategies to make the best of retirement savings

By John Wasiliev   12 July 2017  Australian Financial Review   One important aspect of the latest super reforms — in place since July 1  — is changes to contribution rules. Being aware of these changes  is essential for anyone, especially couples, looking to make the most of super’s tax concessions in the post-2017 super world.…

SMSF assets climb to $648bn

SMSF Adviser    21 June 2017 Total SMSF assets continued to grow during the 12 months to the end of March 2017, rising by around 13 percent up to $648 billion, according to the latest ATO statistics. The ATO SMSF Statistical Report for March 2017 indicated that total net Australian and overseas SMSF assets increased…