SMSF

It helps to see this as a gradual transition rather than a single flip on retirement day. In the years approaching retirement, a fund can begin repositioning, buildingLiquidityand moderating risk, well before it starts paying a pension. Treating it as an overnight switch tends …

The election must be made by the due date of the fund's 2026–27 return. That is the hard deadline: the point by which an eligible fund that wants to make the election has to have made it. Because it is a one-off transitional choice …

A template provides structure: it prompts the trustees to address the matters the law requires, including the risk and return of investments, diversification, liquidity, the ability to meet liabilities, and whether to hold insurance for members. For a fund with a spread of mainstream …

Division 296 applies an additional tax to a portion ofEarningson total super balances above $3 million, and in its enacted form it taxes realised earnings rather than paper gains. Without a transitional rule, a fund could face Division 296 onCapitalgrowth that accrued long before …

The reform restricts new limited recourse borrowing arrangements for residential investment property from 10 August 2026. Crucially, it does not require existing arrangements to be unwound. Residential LRBAs entered into before that date are generally protected, and a fund that already holds a residential …

The AML/CTF regime requires businesses that provide certain services to identify their customers, monitor for suspicious activity and report to the financial intelligence agency, AUSTRAC. Until now it applied mainly to banks, remitters, gambling operators and similar. Tranche 2 extends it to professions including …

A trust deed sets out how the fund operates: who the trustees and members are, what the fund can invest in, what pensions it can pay and how benefits pass on death.Superannuationlaw changes regularly, and a deed drafted years ago may not permit arrangements …