Changes to Superannuation Announced in the 2024-2025 Federal Budget
The delivery of the 2024-2025 Federal budget announcement included a number of changes to the superannuation system, but none were unexpected. The main theme of the changes in relation to superannuation is enhancing retirement savings to allow individuals a more dignified retirement. The key superannuation changes included in the budget include the following. It […]
A State of the SMSF Market for Financial Advisers
Self-Managed Super Funds (SMSFs) continue to surge in popularity and value, representing a significant opportunity for advisers and accountants. In fact, in the last five years, an average of 24,000 SMSFs were established each month, with higher average starting balances and younger trustees than ever before. In the meantime, the number of registered advisers and […]
Intello Named Finalist For Two SMSF Industry Awards
Once again, the SMSFAdviser’s annual SMSF Awards has nominated Intello a finalist in two categories this year. Recognising excellence in SMSF Services, Intello is a finalist in the “SMSF Administrators” category for SMSF management services executed on behalf of financial services businesses and trustees across the country. Intello is also shortlisted for the “SMSF Administration […]
How Much Does it Cost to Wind Up a SMSF?
Once a fund has been wound up, it cannot be reactivated. It’s also important to follow critical steps in this checklist and the ATO’s winding up an SMSF Form. Your SMSF wind up checklist As stated by the ATO, the following tasks are required when winding up an SMSF: Some of these items are in […]
