Tsr has no option, he has to hit superBY ALEX DUNNIN | MONDAY, 2 MAY 2016 12:59PM A quick look at the ABS taxation report illustrates why the taxation blowtorch is being turned on superannuation. In the past 8 years while personal income tax receipts climbed ... Upgrade your subscription to access this article
Join the growing community of superannuation
professionals with unlimited access to our latest news, research and analysis of the industry.
Become a premium subscriber today. |
Latest News
Active Super, Vision Super finally sign transfer deed
|Almost two years on from confirming merger talks, the two super funds have set a date for the successor fund transfer.
Members' attitude, behaviour key to better engagement
New research suggests superannuation funds need to focus more on attitudinal and behavioural insights if they're to improve engagement.
Australian Food Super closes failed investment option
Australian Food Super, previously known as the Australian Meat Industry Superannuation Trust, is closing its Shares product, which failed last year's Your Future, Your Super test.
UniSuper restores online services, app
UniSuper's systems are back online, after close to two weeks of disruption.
Cover Story
The super, super fund
DEANNE STEWART
CHIEF EXECUTIVE OFFICER
AWARE SUPER
CHIEF EXECUTIVE OFFICER
AWARE SUPER
Aware Super has marked its expansion into Europe with the grand opening of its London office.
Expert Feed
Evolving TPD to better support superannuation members
Total and Permanent Disability (TPD) insurance in super provides an important financial safety net for those who need to claim. But there's a significant ...
Retirement income: what can super funds learn from advisors?
The industry's focus on delivering Australians income for a dignified retirement is heartening. Treasury is presently garnering feedback on the opportunities ...
Insights from APRA's 2022/23 superannuation bulletin
You have probably seen the headlines-$3.6 trillion total assets under management on 30 June 2023, which represents 140% of GDP. It was only 12 years ago ...
Transfer balance cap from 1 July - advice implications for clients
Last week (31 January) the Australian Bureau of Statistics (ABS) released the Consumer Price Index (CPI) for the December 2023 quarter confirming the ...
How the transition to retirement tax break survived is beyond me. This is 100% a tax break used by the rich (advice seeking) population. Simply removing the 0% tax on investment earnings doesn't eliminate this strategy. The rule should simply be that if you are working then your superannuation remains in accumulation.
Editor note - while the budget didn't explicitly kill TRRs by limiting concessional salary sacrifice contributions to $25,000 from 2017 it effectively achieves the same result.