The changes to superannuation will be a “key issue” at the SMSF Association 2017 National Conference, held in Melbourne starting on Wednesday.
The SMSF Association says superannuation professionals attending the conference will have the opportunity to be “fully briefed” on the recent changes to superannuation, many of which take effect from 1 July 2017.
“This year’s National Conference, from 15-17 February, has rightly put a great deal of emphasis on the changes to superannuation, and the record number of delegates (about 1650) attending indicates it was the right decision,” said SMSF Association Managing Director Andrea Slattery.
“Superannuation fund members are now turning their attention to what strategies they need to undertake to comply with the changes, and they need to be able to turn to their specialist advisors and be confident they are getting the right advice.”
“Key issues include complying with the new $1.6 million transfer balance cap, removal of tax concessions for transition to retirement pensions, and capital gains tax (CGT) relief for assets affected by the changes.”
“These involve complex areas of law and strategies that will be covered off over the three days of the conference.”
The National Conference 2017 will also include a Thought Leadership Breakfast on the topic of ‘can super be trusted’ and a plenary session on ‘yes, the SMSF sector is regulated’, which includes spokespeople from the Treasury, ATO and ASIC.