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.

(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

Follow Shelley: Linkedin

For more episodes and to sign up for the ASF Audits newsletter, please visit asfaudits.com.au