A major change to superannuation is coming. From 1 July 2026, Division 296 will introduce an additional tax on individuals with super balances above $3 million—prompting many to reassess their long-term strategy. While the final rules are more refined than originally proposed (with no tax on unrealised gains), the impact can still be significant—particularly for SMSF members and those with large balances. With a key planning window available before the rules take effect, now

As a follow-on from our recent blog article (SMSF: Is it right for me?), I wanted to dive further into your obligations are as a trustee. As an SMSF trustee, you’re legally responsible for the fund. This means acting honestly, exercising care and diligence, and always making decisions in the best financial interests of all members. You must also ensure your fund complies with super laws and your trust deed, and that no one accesses benefits early. Understanding the Sole Purpo

A Self-Managed Super Fund can be a powerful option for those who want greater control over how their retirement savings are invested. However, with that control comes significant responsibility—and getting it wrong can be costly. Before setting up an SMSF, it’s important to carefully consider whether you have the time, knowledge, and commitment to manage it effectively. What’s Involved? As an SMSF trustee, you’re responsible for ensuring the fund remains compliant and is mana