FirstTech Podcast - podcast cover

FirstTech Podcast

A podcast series for financial advisers looking at the latest technical issues and advice strategies that may impact investors and super fund members. Join Craig Day and members of the Colonial First State ‘FirstTech’ team as they discuss a broad range of advice issues, from superannuation and SMSFs, to social security rules and aged care. -Please note - these podcasts are designed for authorised financial advisers. If you are not an authorised financial adviser it is important you understand the content of the podcasts may be difficult to follow as it assumes you have the necessary training, qualifications and experience to understand the concepts discussed as well as the technical language used. If you still decide to listen please understand the information contained in this recording is general information only and does not take into account any of your personal circumstances, needs or objectives. Any scenarios considered during this podcast are purely hypothetical and are for illustrative purposes only and do not constitute a recommendation to purchase, hold or sell any financial products or take any other course of action. You should read the relevant product disclosure statement before making an investment decision and consider talking to a financial adviser. While all care has been taken in the preparation of this podcast, using sources we believe to be reliable and accurate, no person including Colonial First State Investments Limited or the Commonwealth Bank group of companies, accepts responsibility for any loss suffered by any person arising from reliance on this information.

Hosted on Acast. See acast.com/privacy for more information.

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Episodes

Invalidity super issues

In this podcast, we discuss a range of tips and traps when accessing superannuation due to permanent incapacity. Hosted on Acast. See acast.com/privacy for more information.

Nov 03, 202027 minSeason 1Ep. 30

Testamentary trusts and tax issue

Testamentary trusts are a commonly used estate planning tool. In this podcast, we discuss a range of tax related issues surrounding testamentary trusts including: Tax concessions for minor beneficiaries Streaming trust income Taxation of super death benefits Hosted on Acast. See acast.com/privacy for more information.

Sep 30, 202037 minSeason 1Ep. 29

Leave payments on retirement: Lump sums vs taking leave

Clients who are considering retiring will often have outstanding annual and/or long service leave. In many cases, they will have a choice between receiving these payments as a lump sum or taking accrued leave prior to terminating employment. Hosted on Acast. See acast.com/privacy for more information.

Sep 30, 202029 minSeason 1Ep. 28

Impact of negative returns of super tax components

Negative investment returns can not only impact a client’s super balance, but also the tax components that make up the balance of an accumulation account. Hosted on Acast. See acast.com/privacy for more information.

Sep 01, 202033 minSeason 1Ep. 26

Sole purpose test

Craig Day has an interesting discussion on various aspects of the sole purpose test with special guest - Peter Bobbin. Hosted on Acast. See acast.com/privacy for more information.

Aug 06, 20201 hr 19 minSeason 1Ep. 24

Accessing super under the financial hardship condition of release

Recent bushfires have seen many people put in a difficult financial position. In some cases they may consider accessing super under the severe financial hardship condition of release however they need to meet specific eligibility criteria. Hosted on Acast. See acast.com/privacy for more information.

Mar 04, 202036 minSeason 1Ep. 14

Total super balance - inclusion of LRBA amounts

In this podcast we discuss a recent legislative change that includes the outstanding balance of an LRBA entered into on or after 1 July 2018 into the total super balance of certain SMSF and SAF members. Hosted on Acast. See acast.com/privacy for more information.

Mar 03, 202028 minSeason 1Ep. 13

Receiving Age Pension Overseas

In this podcast we discuss the Centrelink rules that apply when living overseas and receiving the age pension including proportional portability and the former resident rule. Hosted on Acast. See acast.com/privacy for more information.

Nov 05, 201911 minSeason 1Ep. 10

Super Contribution Splitting

In this podcast we discuss the strategy of splitting concessional contributions to a spouse. Splitting contributions allows clients to equalise superannuation balances which can be effective at maximising access to superannuation tax concessions. Hosted on Acast. See acast.com/privacy for more information.

Nov 05, 201918 minSeason 1Ep. 9

Co-investment owners, partnerships and financial planning considerations

In this podcast we discuss the implications of jointly holding passive investments such as investment properties or share portfolios, and the not commonly understood implications of being treated as partners in a partnership for tax law purposes. Hosted on Acast. See acast.com/privacy for more information.

Sep 27, 201920 minEp. 7

Tax on Super Death Benefits Paid to Estate vs Beneficiary

In this podcast we discuss the different financial outcomes that can arise depending on whether lump sum super death benefits are paid directly from the deceased’s super fund or indirectly through the deceased’s estate. Hosted on Acast. See acast.com/privacy for more information.

Aug 30, 201917 minSeason 1Ep. 3

Expansion of Work Bonus to Self-Employed

In this podcast we take an in-depth look at the expansion of the social security Work Bonus to self-employed clients from 1 July 2019 Hosted on Acast. See acast.com/privacy for more information.

Aug 30, 201910 minSeason 1Ep. 2

When I'm 64

In this podcast we take an in-depth look at the superannuation, tax and social security rules that impact clients approaching age 65. Hosted on Acast. See acast.com/privacy for more information.

Aug 30, 201932 minSeason 1Ep. 1
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