The change in the preservation age for superannuation to 60 years has brought a raft of considerations regarding conditions of release, says a top industry specialist.

There are several things to consider if a client decides to make a deathbed withdrawal, says an industry educator.

SMSF provider SuperConcepts and The Principals’ Community have joined forces to provide 122 member firms and around 1,220 financial advisers access to SuperMate® enterprise SMSF software, SMSF administration solutions and SMSF education and technical support services.

Just as there are conditions of release regarding accessing retirement funds, there are also conditions of release attached to insurance payouts in superannuation, says a senior technical specialist.

If a family member loses capacity and doesn’t have a power or attorney, an application to a state tribunal may need to be made, says a legal specialist.

A more traditional option of wealth building is coming back into play as SMSF trustees consider the impact of the proposed Division 296 tax.

Accountants working on an SMSF will now need to complete a trust income schedule and lodge it with the fund’s 2024 return as part of the ATO’s Modernisation of Trust Administration Systems project, says a senior SMSF specialist.

There are three principal differences between a reversion of a pension to the spouse of a deceased member and the issue of a new pension to a spouse of a deceased member, says a leading legal adviser.

The conference is returning for the 11th year in 2024 to arm SMSF professionals with the knowledge and insights on tailored strategies for their clients.

The central bank has announced its latest rate decision amid signs of improving inflation in Australia and rumbles of slowing global growth.