Blogs & Resources
When can super be accessed?
With life expectancy increasing the government has made changes to increase the age at which we can access our superannuation. This measure is to help more people to accumulate greater levels of superannuation benefits to fund their retirement.
Super Gateway Gets a Makeover
You may have noticed the words "Super Gateway" appears next to "Client Login" in the top right hand corner of our website. What is cool is that you can now go directly to your transaction accounts without logging in to Gateway first, so it's a bit quicker. Also you...
Preservation Components on your Members Statements
You may have wondered what Preservation components mean on your members statement? The main terms that you will find on your statement are, preserved benefits (PBs), restricted non-preserved benefits (RNPBs) or unrestricted non-preserved benefits (UNPBs). Since 1999,...
UK Pension Transfers
It is common practice for UK Citizens to roll over their UK pension plan into an Australian qualifying superannuation fund upon arrival in Australia. These receiving Superannuation Funds were known as QROPS (Qualified Recognised Overseas Pension Schemes). They were...
Latest SMSF Borrowing Statistics Released
The latest ATO statistics report on SMSFs ending June 2015 have confirmed that LRBAs (borrowing arrangements in Super) are worth approximately $15.6 Billion. That sounds like a large number and it is, but to put it in perspective it only represents 3% of total...
SMSF Lending here to stay – For Now!
Great News for those investors seeking to incorporate lending within an SMSF to purchase investment property! After months of speculation on whether the government will ban SMSF’s from lending, the government announced that it does not agree with the FSI’s...
What does taxable and tax free really mean on your Members Statement?
Every Superannuation members balance is separated into various components. The main two that we are focusing on in this article are taxable and tax free. If you have a members statement handy, you will typically see the amount above your total members balance. There...
Investment Strategies- Often Ignored but So Important
A properly constructed investment strategy is extremely important to guide you on your SMSF journey. Without an investment strategy that you can refer to, not only will you not met your legal requirements, but you may find it hard to reach your investment goals due...
Super Stream (ESA Codes)
We just want to remind all of our customers and potential customers that Supervision SMSF clients have an ESA (Electronic Services Address) to meet the newly introduced SuperStream Data and Payment Standard. This is your ESA code if you have missed our previous...
Have you received your SMSF Induction?
Supervision SMSF has been conducting induction meetings for some time with new clients. Not only does it help people to improve their SMSF knowledge but also how Supervision can put it all together for you. We provide this induction as a free 1 hour information...
Paying Too Much for your Existing SMSF?
If you are paying more than $2,640 per year for your SMSF accounting work, regardless of how big your SMSF is and how it is invested then I am sorry to say you are paying too much. It's not normal for accountants to advertise how much it costs for their services,...
Supervision SMSF launches new SMSF Solution- Media Release
Innovative and progressive firm Supervision SMSF has combined a perfect blend of online real-time services with flexibility and choice in its new service offering recently launched. The three packages available recognise there is a diversity in the attitude and values...