Accessing benefits is generally only allowed when a member reaches their preservation age and meets one of the specified conditions of release. This session examines key issues pertaining to conditions of release, including:
Preservation age and satisfying conditions of release
Special circumstances where benefits can be released early
What does ‘severe financial hardship’ mean in accessing the fund?
Permanent incapacity- definitional dilemmas
What does “retirement” mean in this context?
Starting a TRIS as an alternative
When members are tempted to access early – penalties and consequences
Case study – Huckle v Commissioner of Taxation [2014] AATA 362
Shirley is an auditor by training and a SMSF expert by choice. Shirley leads the Superannuation team, at BDO in South Australia. She is a recognised industry expert and a passionate advocate of her clients, team and industry.
Shirley is a regular speaker at SMSF & Audit conferences. She provides SMSF competency training for accountants and auditors and is the co-author of the Thomson Reuters SMSF Audit Guide. Shirley is the winner of the multiple national SMSF and SMSF audit awards.
This webinar is suitable for accountants and lawyers advising in superannuation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]