SMSFs, property, LRBA, international issues, and more: The road ahead


One year on from the introduction of the most significant superannuation reforms in over a decade, practitioners working at the coalface are experiencing a diverse range of compliance and planning issues which, only now are coming to light.

In his workshop SMSFs, property & LRBA’, at the upcoming at the WA Superannuation Intensive, Phil Broderick, CTA (Sladen Legal) will cover the ins and outs of property in SMSFs.

Looking at everything involved in getting property into an SMSF, issues with holding a property once it is an SMSF, and finally how to take a property out of the SMSF, Phil explains ‘Of course, I’ll be examining all of the tax issues that come up along the way - both Federal and State. Delegates should leave with a good knowledge of the issues relating to SMSFs and property investments; which will leave them in good stead for investing in, or dealing with, property in an SMSF.’

Phil is a principal at Sladen Legal in Melbourne and is heavily involved in various superannuation industry consultation forums with Treasury and the ATO, including the Superannuation Industry Relationship Network (SIRN) and the Superannuation Industry Stewardship Group (SISG).

Phil, who keeps busy outside of work with his three children and likes to escape the world of Superannuation by taking his family camping, will be presenting at both the WA Superannuation Intensive and the Victoria Superannuation Day as part of the 2019 National Superannuation Series in March.

Phil Broderick, CTA
When asked which session he is most looking forward to at the WA Intensive, Phil said he was particularly interested in Naree Brook’s presentation on international issues.

Naree Brooks, CTA (PwC), alongside fellow Melbournian Phil, will be making the trip over to Perth to present at the WA Superannuation Intensive on 21-22 March.

Naree’s session, ‘International issues with SMSFs’, will provide delegates with a comparison on the Australian tax consequences when looking to access funds from overseas pension accounts versus rolling the benefits to an Australian superannuation fund.

Furthermore, Naree will discuss some of the high-level tax issues to consider in the foreign jurisdiction and a summary of all the issues a member of an SMSF must deal with when taking an extended period of time overseas. Naree will also touch on some of the issues to consider as SMSFs start investing globally.

When asked what delegates would take away from her session, Naree explained, ‘this session will enable advisers to have a good understanding of how the legislation works in relation to the repatriation of overseas funds to an SMSF from foreign jurisdictions, reviewing the various options available and the pitfalls that can occur. Delegates will walk away with practical solutions for SMSF members that work overseas for extended periods of time.’

Naree Brooks, CTA
Naree has worked as a tax and superannuation practitioner advising to the private client sector for over 30 years and was appointed national head of the SMSF division at PwC four years ago.

A self-confessed cookbook addict, Naree has just celebrated her 25th wedding anniversary with her husband Bruce, who together share two teenage daughters and two dogs. Bruce is wondering whether they need a new house to store her cookbook collection. 

Find your local Superannuation event for the 2019 National Superannuation Series on our website.

What’s more - register for any of the events in the 2019 National Superannuation Series anywhere around Australia and receive access to all of the technical papers presented at every event in the series.

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