Super Scammers Targeting SMSFs

The Australian Taxation Office is raising concerns on the increase in phone and email scams that involve fake superannuation investments targeting SMSF trustees. They have stated that they are seeing a rise in the number of scams involving fraudulent superannuation investments. Scammers are reportedly “-phoning and emailing people, pretending to be financial advisers or super [...]

2022-02-18T13:15:05+10:00General, Uncategorized|

Superannuation Legislation Update – Removal of the Work Test

In February of 2022, the Australian Government passed The Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians and Helping Australian Businesses Invest) Bill 2021. The passing of the Bill intends to increase flexibility for individuals preparing for retirement, increase superannuation support for low income earners and provide assistance to first home buyers. Removal of the [...]