The National Smsf Conference, organized by the Institute of Chartered Accountants Australia will take place from 11th September to the 12th September 2014 at the Hilton Sydney in Sydney, Australia. The conference will cover areas like tax and legal, retirement income strategies, estate and succession planning, audit of SMSFs, investment structuring and compliance. They will also like hear the thoughts of the people who will join the platform about the subject of their next meeting. The presenters are going to discuss about the practical ideas that are going to be very much useful for the people and they can implement those ideas in their projects. Accountants and financial advisers will also be there to solve the common problems of the people. .
Timings07:15 AM - 07:45 PM (Sep 11) (General)
07:30 AM - 05:00 PM (Sep 12) (General)
Entry FeesPaid Ticket Starts from 105 USD View Details
Participantsupto 100 DelegatesEstimated Count
Category & TypeConference
Packing & Packaging
Editions11-12 Sep 2014
Frequency Not Available
Official LinksWebsite Contacts
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Vandna AbichandaniBusiness Development Manager, Director at Deed dot con dot au Sydney, Australia
NARESH OBERAIManager at Pacific Packers Ludhiana, India
KarenSales Director at The Activate Group Sydney, Australia
Darryle KnowlesManaging Director at Knowles Investments (q) Pty Ltd Sydney, Australia
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Sharlene AndersonPartner Worrells Solvency and Forensic Accountants at Worrells Solvency &... Australia
James McPhedranTax & Super Technical Specialist at Institute of Chartered Accountants... Brisbane, Australia
Liz WestoverHead of Superannuation at Chartered Accountants Australia and New... Sydney, Australia
Tim MillerHead of Education and Market Development at Cavendish Superannuation Pty... Adelaide, Australia
Schedule & Agenda
|Thu, 11 Sep||Registration |
|Thu, 11 Sep||Specialist breakfast workshops - each session offering a more detailed, hands-on analysis of a specific area of SMSFs. |
W1 Creating a saleable SMSF practice as part of your firmAndrew Bloore CEO, SuperIQ Pty LtdW2 Holding business real property in SMSFs - The accountant vs the lawyerMichael Fitzpatrick Partner, Solicitor & Notary, PwC Louise Meijer CA Director - Private Clients, PwCW3 SMSF death planning strategiesJulie Steed Technical Services Manager, Australian Executor Trustees
|Thu, 11 Sep||Special breakfast for CA SMSF Specialists |
As a CA SMSF Specialist you are invited to a complimentary breakfast with your fellow specialists as an important subset of the SMSF Community. At this breakfast you will hear from a guest speaker who will share some enlightening thoughts with you to kick off the conference. Register and you can be part of this group.
|Thu, 11 Sep||TH1 Welcome and opening remarks |
Liz Westover FCA Head of Superannuation, Institute of Chartered Accountants Australia
|Thu, 11 Sep||TH2 Keynote address and Q&A with the ATO |
Liz Westover FCA Head of Superannuation, Institute of Chartered Accountants Australia Stuart Forsyth Assistant Deputy Commissioner, Superannuation, Australian Taxation Office (ATO)
|Thu, 11 Sep||F1 Technology issues for SMSF accountants and auditors David Smith FCA Founding Director, Smithink 2020 |
This session will address the key issues for SMSF accountants and auditors to address when considering technology solutions for their SMSF business.Issues to address will include: The importance of datafeeds and how datafeeds differ Issues to be reviewed when considering a cloud provider Workflow management Document management Client portals Audit software Integration with other software products.
|Thu, 11 Sep||TH3 SMSF policy & legislative settings - A stocktake amidst relentless change |
David Shirlow Executive Director, Macquarie Bank Limited
|Thu, 11 Sep||Morning tea |
|Thu, 11 Sep||Morning Tea |
|Thu, 11 Sep||TH4 Using insurance to protect your client's retirement Craig Day Executive Manager - FirstTech, Commonwealth Bank of Australia TH5 SMSFs and families - The real implications Bryce Figot Director, D |
This session looks at the latest SMSF insurance issues and strategies that you need to be aware of to help clients protect themselves and their retirement.Topics discussed include: Insurance applications within an SMSF context Allowable insurances in SMSFs post 1 July Insurance, advice and the limited license Insurance, death benefits and strategies to manage tax Insurance and liquidity/LRBA strategies.Program levelsMany talk about SMSFs as being ‘family’ super funds and a great opportunity to include children. But, is this really best practice? What happens to a ‘family’ super fund when the family does not get on any more?This session will look at: What are the relevant rules when trustees/directors disagree and want to ‘kick out’ members? When should children be members of their parents’ SMSF and when should they definitely not be members? How to use ‘split’ or multiple portfolios in one SMSF If children and parents are going to be in the same SMSF, what planning is necessary to avoid costly fights later? How to handle second spouses in an SMSF The benefits and risks of maintaining reserves in a ‘family’ super fund.Program levelsGiven the ATO’s recent focus on entities claiming the small business CGT concessions, Peter will examine the concessions with particular attention to some of the trips and traps that advisors might encounter. He will then discuss the various methods of getting the proceeds into a SMSF, with some interesting case studies and practical examples as well as explore the audit implications.
|Thu, 11 Sep||Special event lunch with Steven Bradbury |
|Thu, 11 Sep||Lunch |
|Thu, 11 Sep||F5 Dealing with death in an SMSF Julie Steed Technical Services Manager, Australian Executor Trustees F6 ATO administrative penalties and dealing with the ATO Scott Hay-Bartlem Partner, Cooper Grace |
When a trustee of an SMSF dies there are many things that need to be considered, however, many issues are often overlooked. SMSF professionals can assist during a time when clients are experiencing significant personal loss and when the last thing the surviving trustee is concerned about is the status of their SMSF.This session will cover: Fund structure Applicable timeframes Trusteeship issues Dealing with indivisible assets Longevity of the fund Alternative exit strategies.Program levelsWith the ATO actively auditing SMSFs and compliance breaches, and the ever expanding complexity of technical superannuation issues, as advisers we are dealing with the ATO more and more. This occurs both at the front end with ruling applications and objections (including excess contributions tax matters) and in the pointy end with more adversarial matters.But what is the best way of managing interactions with the ATO? And how will the new administrative penalty regime impact on this?In this session Scott will discuss the new administrative penalty regime and his firm’s experience in dealing with the ATO, including the tips in obtaining the best results, and the traps to be avoided.Program levelsCurrently there is in excess of $520 billion held in SMSFs, which represents a pool of money that is incredibly enticing for fraudsters. The types of fraud being perpetrated on SMSFs range from sophisticated bogus investment scams, and money laundering schemes to smaller scale individual trusted advisors and even family members.This session will review current cases and identify the Red Flags of Fraud. Attendees will learn practical tips for fraud prevention to assist clients and advisors. We will then look at tools for identifying fraud and what to do if or when you find fraud.
|Thu, 11 Sep||TH7 Helping your clients build a retirement and post retirement asset Tim Miller Head of Education & Market Development, Cavendish Superannuation Pty Ltd TH8 The SMSF and the client's Power of Attorn |
This session takes a close look at the current contribution rules and limits to see how clients can maximise their retirement benefits in the lead up to retirement, as they transition to retirement and once they retire.We will consider whether there is a place for salary sacrifice, re-contribution strategies, government co-contributions and even excess contributions. The session will also reflect on the use of contribution reserves, what they really are and how they work.Program levelsDrafting a Power of Attorney with special provisions to enable the ongoing administration of the SMSF during periods of absence or incapacity.Program levelsSome of the most common issues and contraventions in SMSFs are often the most difficult to resolve and there can be confusion around what the best practice approach is?This session will take a practical look at some of the issues and contraventions that have occurred in audits over the past 12 months and how they were solved. Shirley will look at a number of case studies addressing: Section 67 – SMSF borrowings Section 65 – loans to members Sections 82-85 – in house assets Reg 6.17 – early access to benefits
|Thu, 11 Sep||Afternoon tea |
|Thu, 11 Sep||Afternoon tea |
|Thu, 11 Sep||F8 The First 100 years of SMSF’s, from 1966 to 2066 - Where should your focus be? Peter Bobbin Managing Principal (Sydney), Rockwell Olivier |
Yes you read right, to 2066. In this session Peter looks to the past to predict the future. Peter will take you through the first 50 years (of which he was there for 30) but will spend most of his time looking into the future. What do you need to be prepared for? Where will your business need to go?
|Thu, 11 Sep||TH10 Pensions - What's the latest? Jemma Sanderson Director, Cooper Partners Financial Services Pty Ltd TH11 An accountant's guide to SMSF trust deeds Heather Gray Partner, Hall & Wilcox Lawyers TH1 |
In the last 12 to 18 months there have been numerous developments within the pension sphere, particularly with respect to the taxation treatment of assets supporting pensions.In this session, Jemma will outline the latest with respect to: The operation of the exempt current pension income provisions The provisions with respect to taxation components in pension accounts upon the death of a member Issues and strategies with respect to segregation The succession of pension accounts and whether to make pensions reversionary Reserving strategies – are they still worthwhile?Program levelsThere are many different SMSF trust deeds in the market – how do you choose the one that will best suit your clients, and when do you need a tailored solution?This session will cover: The key clauses every deed should have Prescriptive provisions v flexibility The treatment of control How is succession addressed? Where are the traps? The binding death benefit provisions Pension rules.Program levelsDo you know if you're doing enough and what's required from SIS and the ASAs to ensure that SMSF trustees remain compliant? Or are you possibly doing too much and hence using up valuable time and resources to conduct the audit?Through practical examples, Matina will explore some of the myths in SMSF audit and provide best practice guidance around common question areas, including: Sufficient and appropriate audit evidence, including bank confirmations Contravention reporting Valuation issues Auditor independence Trustee communication ATO and ASIC compliance activity.
|Thu, 11 Sep||Yes you read right, to 2066. In this session Peter looks to the past to predict the future. Peter will take you through the first 50 years (of which he was there for 30) but will spend most of his t |
|Thu, 11 Sep||Conference closes |
|Thu, 11 Sep||TH13 Doing Business Better - It's not what you do, it's the way you do it Ita Buttrose AO OBE |
A truly exceptional Australian: a legendary media editor, businesswoman, best-selling author, committed community and welfare contributor and 2013 Australian of the Year.
|Thu, 11 Sep||Networking drinks |
Relax and network with delegates at the exclusive conference networking drinks following the close of sessions on day 1. This is an excellent opportunity to catch up with colleagues and extend your business networks.
|Thu, 11 Sep||F2 Structuring issues and opportunities with SMSFs Darren Wynen CA Director, Insyt Pty Ltd F3 Deductions over the life of a SMSF James McPhedran Senior Tax & Superannuation Trainer, Institute of Cha |
When it comes to structuring affairs within an SMSF, the complexities can be numerous. As such, there may be issues and planning opportunities that are being missed for your clients.Through practical case studies, this session will examine: When is a trust considered to be unrelated? What types of activities can an unrelated trust undertake? Who is considered to be a Part 8 associate for structuring purposes? When can units be acquired from a related party? What are some of the key structuring pitfalls that practitioners must be aware of? What planning opportunities are available with SMSFs and other parties What are the key ATO concerns with pre-August 1999 unit trusts?Program levelsThis Case Study based session will look at deductions available over the life of a SMSF that holds shares and rental properties, including: Deductions upon set-up including the impact of roll-overs and large non-concession contributions Insurance premium deductions before and after 1 July 2014 Deductions for travel, ECPI, share trading/rental return courses TR 93/17 and TR 2013/D7 Death of member: section 295-470 and anti-detriment payments.Program levelsThere has been a lot of noise about SMSFs distorting the property market and a lot of SMSFs are adding considerable value by improving and developing property inside their SMSFs.This session covers the range of topical issues that advisors must be aware of to ensure their SMSF clients safely deal with property investments. Topics include: Structuring property via trusts and companies Tips and traps when an LRBA is involved When will services = a contribution? What rules apply when you have a related party builder? What if the members only do repairs and infrequent tasks? What other rules apply and what documents are required? Off-the-plan purchases and what you need to be aware of.
|Fri, 12 Sep||Registration |
Visitor Ticket Price
|1954 USD||Early Bird 1|
|1592 USD||Group (individual) 4|
|1218 USD||Standard 5|
|1629 USD||Early Bird 1|
|1448 USD||Regional 2|
|1415 USD||Approved CA SMSF Specialist 3|
|1015 USD||Standard 5|
|790 USD||Approved CA SMSF Specialist|
|105 USD||Networking drinks (guests)|
|105 USD||Networking lunch (guests)|