Post by First Financial

Today is 1 July. For our advisers, the new financial year triggers a round of reviews that most clients never have to think about. Here's some of what our team is working through right now: • New minimum pension drawdown requirements for the year ahead • Concessional and non-concessional contribution caps, including salary sacrifice strategies • Division 296 is now in effect for super balances above $3 million. For SMSF clients, the CGT cost base reset election is a time-sensitive decision • Insurance cover, costs and whether current arrangements still match each client's circumstances It's the kind of work that happens in the background of every advice relationship. And it's exactly why having an adviser matters most when things change. Here's to a strong year ahead for our clients, our team, and the advisers and accountants we work alongside.