Accessing super on compassionate grounds

Accessing super on compassionate grounds

Access to superannuation prior to retirement may be allowed in circumstances where an individual is considered to be in severe financial hardship or there are strong compassionate grounds for early release. In order to access superannuation through severe financial...
Transition to retirement income streams (TRIS) from 1 July 2017

Transition to retirement income streams (TRIS) from 1 July 2017

With the introduction of the transfer balance cap (currently $1.6 million in 2017/2018), superannuation funds are only able to claim income tax exemptions on assets that are supporting income streams in the retirement phase. Since 1 July 2017, there are now two types...
Fair value of peppercorn leases for not-for-profits

Fair value of peppercorn leases for not-for-profits

Charities and not-for-profits are created with a specific purpose in mind. These organisations use their funding to advance their purpose, which benefit millions of lives daily. Like any other entity, running these charities results in inevitable costs. These costs...
Can superannuation funds invest in Gold?

Can superannuation funds invest in Gold?

Investing in gold I am often asked by self managed superannuation fund (SMSF) members if their superannuation fund can invest in gold? When an SMSF member is considering investing in gold or other precious metals, they need to consider whether the investment could...