A technical expert has suggested that older clients with large balances could consider drawing down on their SMSFs to avoid a large death benefit tax. Ahead of the SMSF Adviser Technical Strategy Day
Members of SMSFs are more likely to enjoy tax-free earnings than those in APRA funds, it was revealed in the latest Class Annual Benchmark Report, highlighting the strength of the sector’s advice
If the SMSF sector is to continue to grow and accelerate, advisers need to be leading the way, said industry leaders. During a panel discussion at the launch of the Class Ignite 2023 SMSF Benchmark R
An analysis of more than 200,000 self-managed super funds shows that more than a third of people affected by the doubling of the tax rate on super balances over $3 million are 75 years or older.