Many don’t realise super treated differently on death: ASFA

The Association of Superannuation Funds of Australia (ASFA) has raised the issue of dealing with superannuation benefits after death.

ASFA CEO Ms Pauline Vamos says many people do not think about what happens to their superannuation after death. Read more...

Court case shows need to keep binding nominations up-to-date

A case in the Supreme Court of Western Australian has shown the importance of keeping Binding Death Benefit Nominations up-to-date and in accordance with a will.

To summarise the events and arguments in Ioppolo v Conti [2015] WASCA 45 (10

ATO SMSF videos: pensions & planning for the unexpected

The ATO has published two new videos in the continuing efforts to improve trustee knowledge of superannuation and tax rules.

SMSF planning for the unexpected (relationship breakdown, incapacity, death)

This video encourages SMSF trustees to think ahead when setting up …

SMSFs: Binding & Non-Binding Death Benefit Nominations

Binding  and Non-Binding Death Benefit Nominations form an important part of incorporating superannuation into estate planning, given that a superannuation balance will not automatically form part of a persons estate to be distributed according to their will. However, due to