NEWS

Trustees face not only traditional compliance hurdles but also the challenge of adapting to new technologies and market volatility, a leading auditor said. Shelley Banton, director of Super Clarity, said the SMSF sector is at a crossroads and while compliance remains essential, the real opportunity lies in how trustees and professionals harness innovation to build resilient, future-ready funds. In a LinkedIn post for the SMSF Innovation Council, Banton said regulatory complex

The government has announced it will make some practical changes to its proposed tax changes for people with large super balances (over $3 million) that will now take effect from 1 July 2026. What’s changing? Previously, the proposed tax calculations for high-balance super accounts were based on changes in your total super balance, which could include unrealised gains (increases in value that haven’t actually been sold or received as income). This sometimes meant you could be

Australians under 45 now expect they will need at least $100,000 a year per household to live comfortably in retirement, according to new...