Superannuation Course Contents

1.  Introduction to Superannuation

• What is superannuation?
• Overview of the superannuation industry
• Superannuation providers
• Self managed superannuation funds

2.  Superannuation Fund Regulators

• Australian Prudential Regulation Authority (APRA)
• Australian securities & Investments Commission (ASIC)
• Australian Taxation Office (ATO)
• Centrelink & Department of Veteran Affairs (DVA)

3.  What is a Superannuation Fund?

• Fund trustees & trust deed
• Trustees duties
• Regulated & complying superannuation funds

4.  Fund & Benefit Design

• Accumulation funds
• Defined benefit funds

5.  Superannuation Contributions

• Contribution caps
• Super co-contributions
• Contribution splitting
• Eligible spouse contributions & contribution tax offset
• Reporting contributions

6.  Payment of Superannuation Benefits

• Preservation of benefits
• Compulsory cashing of benefits
• Voluntary cashing of benefits
• Accessing of benefits

7.  Taxation of Superannuation Funds & Member Benefits

• Taxation of superannuation funds
• Taxation of superannuation member benefits
• Tax applicable to superannuation benefits

8.  Self Managed Superannuation Funds (SMSFs)

• Introduction to self managed superannuation funds

9.  Setting up a Self Managed Superannuation Fund (SMSF)

• Obtain a trust deed
• Appoint trustees
• Trustee declaration
• Elect to be regulated & obtain a TFN & ABN
• GST 

10.  SMSF Trustee Obligations

• Trustee covenants
• Sole purpose test
• Separation of assets
• Investment strategy

11.  SMSF Investment Restrictions

• Acquisition of assets from a related party
• Exceptions to the related party restriction
• Borrowings
• Loans & financial assistance to members
• Arms length transactions

12.  SMSF Contributions

• Mandated employer contributions
• Non-mandated employer contributions
• Other contribution considerations

13.  Paying SMSF Member Benefits

• What are the conditions of release?
• Retirement
• Other conditions of release
• Rollovers & transfers
• Types of payments

14.  SMSF Administrative Duties

• Trustee reporting obligations
• SMSFI annual return
• Audits
• Actuary services
• Supervisory levy
• Record keeping requirements

Superannuation Glossary

Superannuation Course Updates