The SMSF Experts Episode 19: Insights Shaping The SMSF Industry

In this episode, we’re deep-diving into the 2024 Annual Benchmark Report from Class Super. The report provides a comprehensive look at the SMSF landscape, highlighting what’s working, where improvements are needed, and offering actionable insights for the future.

Joining Shelley are two industry heavyweights: Tim Steele, CEO of Class, and Kate Anderson, General Manager of Operations, who bring over 50 years of expertise in financial services to the table. Shelley, Tim and Kate break down the data together and discuss what it all means for SMSF professionals and trustees.

CONTENT:
00:22 Overview of the 2024 Annual Benchmark Report
03:17 Discussion on Non-Concessional Contributions
07:46 Engaging Younger SMSF Members
14:07 Addressing the Gender Gap in Superannuation
21:08 Pension Phase Insights and Retirement Strategies
24:50 Understanding Pension Start Delays
25:20 Fear of Running Out of Money in Retirement
26:32 Legacy and Spending in Retirement
27:45 Division 296 and Its Implications
28:45 Impact of Division 296 on Property Investments
31:22 Indexation and Future Tax Implications
35:29 The Role of Financial Advice in Retirement
42:23 Technological Advancements in SMSF Management