Lonsec delivers subscribe recommendation on Medibank IPO

The following article was originally published online in Professional Planner magazine on 26/10/2014. View the original here.

Lonsec Stockbroking has released a research report on Medibank Private Limited (MPL) delivering a subscribe recommendation to advisors and investors for Australia’s largest privatisation since Telstra.

What is a re-contribution strategy?


A re-contribution strategy is just that; a withdrawal of your superannuation benefits and a re-contribution back into super.

This is probably the simplest and easiest of strategies to implement that can guarantee:

  • Tax savings for you
  • Tax savings for your beneficiaries when you die
  • Access to increased Centrelink benefits

Contribution caps have increased – you need to know this!

From 1 July 2014, the superannuation contribution caps have increased, allowing an opportunity to place more money in that beautiful tax effective environment called superannuation. The contribution caps control the amount you can place into superannuation each year without facing penalty tax.  If you are at least 50 you have higher contribution caps.

Tax ruling confirms strategy for under 60 retirees

As recent update by the ATO has confirmed that in certain circumstances, someone under the age of 60 (but over their preservation age of at least 55) drawing a Transition to Retirement Income Stream (TRIS) may take a tax free payment from their SMSF – but only in certain circumstances.

Spring clean your SMSF

Remember when you first started your SMSF?  It may have been only recently, or it may have been decades ago – but regardless of how old your fund is, it may be time for a little spring clean.

This is where we can help – we love helping our clients get the most out of their SMSF and sometimes less is more.  Here are some of our tips for simplifying your SMSF.

Should my SMSF participate in the Telstra share buy-back?

The following article was originally posted by Aaron Dunn of the SMSF Academy (and friend of Superfund Partners) on 8 September 2014. You can read the original article here.

The announcement of the Telstra share buyback has had many SMSF trustees salivating at the prospect of franking credits to boost their SMSF investment returns for the 2014-15 financial year.  The decision to participate is not however a straight-forward decision, with taxpayers needing to consider their tax position to determine whether a benefit is obtained through participation.

Tougher times ahead for self-managed funds?

When the global financial crisis savaged retirement savings in 2008, many self-managed super funds escaped the devastation better than other super funds.

What’s behind this better performance?

There’s nothing inherently better about DIY funds – but a likely reason was their asset allocation strategy.

ATO launches trustee educational videos

The ATO has recently launched a series of education videos for existing and potential SMSF trustees. The topics covered include areas such as administrative requirements, paying a pension, choice of trustee and the sole purpose test.

15 things for SMSF trustees to consider before 30 June 2014

With 30 June hitting on Monday, there are a plethora of  things that you as a trustee of your SMSF should consider to squeeze the maximum possible benefit from your SMSF.  Here are just 15 things to consider before the year is up:

1. Valuation of your SMSF’s assets

It is a requirement under the superannuation law that the assets in your SMSF be valued each financial year.  This is so that we can record the market value of the assets in the SMSF’s 2013/14 financial statements for income tax purposes and our SMSF auditor can verify that you have not contravened various provisions of the income tax and superannuation laws.   The superannuation law does not require that you use a qualified independent valuer, as long as the valuation that you have arrived at is based on objective and supportive data. The ATO has published two documents on its website – “Valuation guidelines for SMSFs” and “

ASIC fee increases from 1 July 2014

Each year ASIC increases its company lodgement fees and has just released their updated fees for commonly lodged documents that will apply from 1 July 2014.
The ASIC fee increases include: