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Venue : Nexus Cafe' Shop 1, Ground Floor, 4 Columbia Court Baulkham Hills Norwest Business Park

Topic: "Estate Planning 101" from 1st July 2017

Cost: The fee for seminar is $25 Incl. GST and is tax deductible (Plus Travel).
Date : 30-May-2017 Timings : 05:30 pm to 07:30 pm

How to Book:

Last 8 Seats Left

Proposed Agenda

5.30 PM   Registration & Welcome Refreshments

6.00 PM   Estate Planning 101 - Speaker; Mr Manoj Abichandani

6.45 PM:   Questions and Discussion on Pensions

7.00 PM   Discussion: Changes to the requirements for obtaining an actuarial certificate

7.30 PM   Close of Meeting


If breaches of new legislation go unreported and ATO picks them up in their data matching process, negligent auditors can lose their licence. Auditors will need to be more vigilant and alert while auditing and more importantly posses "expert knowledge" as they will be called, more often, for their "audit opinion" on situations beyond the comprehension of a part time SMSF accountant (someone who administers less than 50 funds). These enquiries are likely to make the auditors role challenging & offcourse interesting.

Recommended For

There are very few SMSF auditor focused sessions on the new changes or seminars where auditors can update their knowledge. The challenge of new legislation is in the detail and many presentations are able to only scratch the surface.

Further, there is a Continuing professional development requirements that an approved SMSF auditor must complete, which is at least 120 hours of continuing professional development (CPD) training every three years, which must include 30 hours of training on superannuation of which at least 8 hours of training is about auditing of SMSFs. Time spent in this discussion group should be eligible for 1.5 hours in SMSF Audit under the self assessment method.

Topic: Estate Planning 101 

One of the greatest changes under the new super laws is arguably how transfer balance cap effects the payment of death benefits to spouses. This is because many members who exceed the cap can longer simply pay all of their death benefits to their spouse in the form of the pension. This means that careful planning is now required for members affected, or potentially affected, by the balance transfer cap.

1.How the transfer balance cap works for death benefits?

2.Death benefit pensions vs reversionary pensions under the cap

3. When should existing pensions be converted into automatically reversionary pensions?

4.Dealing with the liquidity crunch on the death of the first spouse including in-specie death benefit payments

5.Implications for estate planning for TRISs

6. Child pensions – an opportunity or a trap?

7.Key issues, actions and strategies pre 30 June 2017


Manoj Abichandani SMSF Specialist (UNSW)

Manoj has been working in SMSF Space since 1988 in various capacities. Earlier he worked for a Specialist CPA firm as an advisor / accountant where he was responsible for 600 SMSF's funds, later he set up an audit firm where over 2,500 funds were audited each year which helped him to write Australia's first online audit software. At the time of writing over 58,000 funds have been audited on the online software and is the only online SMSF audit software where an SMSF auditor can save half his audit time.


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