Podcast appearances and mentions of meg heffron

In this special two-part episode of the SMSF Adviser Show, hosts Keith Ford and Aaron Dunn are joined by a selection of prominent industry members at the SMSF Association National Conference. In part one, Justin Micale, assistant commissioner, self managed super funds risk and strategy at the ATO, joins to discuss the Tax Office's illegal early access estimates that were announced at the conference, as well as the importance of regulators having a presence at industry events. Meg Heffron, managing director of Heffron, and Tim Steele, chief executive officer at Class, also join the show to talk about the thought leadership breakfast on the first day of the conference and its theme of holding up a mirror to the SMSF sector.

Pension practicalities are an SMSF minefield. Whilst there are specific rules that apply to pensions, SIS remains silent on some areas meaning it can be open to interpretation. In today's episode, Meg Heffron, Managing Director of Heffron SMSF Solutions, joins Shelley to make sense of it all.

Self Managed Super Funds are often associated with the very wealthy who have millions to spend, but new figures show the median amount for new SMSFs is $260,000.  In this week's episode, we cover the advantages of an SMSF,  why the sector isn't growing very fast, explore SMSFs to include the whole family and the latest planned changes in super. Meg Heffron of Heffron SMSF Solutions is Wealth Editor James Kirby's guest on this week's showSee omnystudio.com/listener for privacy information.

Key takeaways and insights from this year's SMSF Association National Conference. In this two-part series, Aaron Dunn and Miranda Brownlee speak to a selection of expert presenters and prominent industry members at the SMSF Association National Conference. For part two, Simon Kuestenmacher, director and co-founder of the Demographics Group, explores some of the demographic trends shaping the direction of the advice industry and where some of the opportunities lie. Meg Heffron, managing director, Heffron explains the latest strategy ideas for SMSF clients that were covered in her session. Nicholas Ali from SuperConcepts discusses some key points from his session that explored the current lending landscape for SMSFs and what SMSF trustees need to consider with limited recourse borrowing arrangements.

Four of the expert presenters from the SMSF Adviser Technical Strategy Day share some of their insights and practical tips from their sessions. Heffron managing director Meg Heffron discusses some of the opportunities and strategies emerging with pension planning for SMSFs. Clinton Jackson from Cooper Grace Ward Lawyers talks about his session on the current state of play with BDBNs and what it means for SMSFs. Tim Miller from Super Guardian touches on a couple of key lessons from his session on compliance hurdles with cryptocurrencies and other digital assets. Finally, Shail Singh, acting lead ombudsman for investments and advice at the Australian Financial Complaints Authority, shares some practical tips from his session on dealing with disputes and updates on various legislative developments.

With the work test changes now in place, Heffron managing director Meg Heffron highlights some of the new strategies now available and potential traps to be mindful of. Meg discusses the benefits of the new rules for a range of situations including clients with a large inheritance or those going through a divorce later in life. She also discusses why SMSF professionals may want to revisit re-contribution strategies for their client base, with a broader range of clients now able to access this strategy. She also delves into some important considerations in relation to pensions and the treatment of amounts above the minimum pension payment following the recent changes. 

From time to time, we’ll bring you one-off interviews with some of the smartest, best informed people we can find. This time, Scott speaks Meg Heffron, co-founder of Heffron SMSF to unpack the pros and cons of SMSFs, including who it might – or not – be right for, as well as some hints and tips to make the most of your self-managed Super. Take a listen!  

In this inaugural episode of The SMSF Adviser Show, hosts Jo Cronolly and Aaron Dunn welcome the managing director of SMSF specialist Heffron, Meg Heffron, to reveal how she's adapting to a COVID-19 environment. Tune in to hear some tips on best practice for working from home, how Meg's leadership style has changed in light of the extreme conditions, and how Heffron is providing clarity to their client base. Meg also addresses the importance of blended learning, how accountants and advisers can adjust their businesses to remain relevant, and what Heffron is doing to make their services more affordable right now.

Most Australians are surprised -even shocked -to discover that their superannuation is not covered by their Will, and decisions about who receives it upon death can be made by a trustee whom they’ve never met. Given super is often a person’s largest financial asset, investing a little bit of time to ensure it goes to those you love can be critical. ----more---- Superannuation expert Meg Heffron helps to break down this complex topic into simple, actionable steps including: Why you can’t direct your super fund to leave your super to your parents* How to ensure your funds go to the people you love, How to save a little bit of tax by directing benefits through your estate Why and how the tax treatment of your super will differ depending on who it goes to – and how old they are, and Why SMSFs give flexibility but may create risks for your benefits. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth If you are pressed for time, consider listening at 1.5x or 2x the usual speed – this can actually improve your retention of information while saving time.

When a member dies, there is a lot to deal with in the aftermath - including the member's SMSF. Here is Meg Heffron with the details.

The bring forward rule for non-concessional contributions now needs to work around the TSB. Meg Heffron of Heffron SMSF Solutions will tell you more.

When moving a TRIS to retirement phase, does it matter when you notify the trustee? Meg Heffron of Heffron SMSF Solutions has the answer.

When moving a TRIS to retirement phase, does it matter when you notify the trustee? Meg Heffron of Heffron SMSF Solutions has the answer.

The bring forward rule for non-concessional contributions now needs to work around the TSB. Meg Heffron of Heffron SMSF Solutions will tell you more.

When a member dies, there is a lot to deal with in the aftermath - including the member's SMSF. Here is Meg Heffron with the details.

Trust in financial advisers is at an all-time low, and yet good quality financial advice can be the difference between a secure future and constant struggle. ----more---- In the latest episode of Your Wealth, host Gemma Dale speaks with SMSF guru Meg Heffron about the challenges of finding good quality advice and how to set yourself up for success. Neither Meg nor Gemma is a financial adviser, and they’ve had a wide variety of experiences. This frank discussion covers: What areas of their finances they seek advice for, and which bits they do themselves, Why Meg believes independence can be a myth,  How Gemma spotted poor advice and you can learn to do the same, and  What Meg values most from her adviser (hint: it’s not the return on her portfolio). You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean or at nabtrade.com.au/yourwealth.

For many SMSF experts, the number one question they get from prospective and current SMSF trustees is ‘Can I use my super to borrow to buy property?’ The legislation governing SMSF borrowing is complex and fraught with pitfalls for the unwary investor, and yet there is plenty of potential to use this strategy to grow your retirement savings. ----more---- SMSF guru Meg Heffron, founder of Heffron SMSF Solutions, has decades of experience managing SMSF administration and has consulted to Government and industry on SMSF legislation, policy and regulation, and has seen all the mistakes a trustee can make with the borrowing rules. In this podcast, Gemma Dale asks Meg to discuss many of the issues you can and should consider if you want to use your super to borrow, such as: how do the borrowing rules really work, whether you can develop or renovate a property inside super what kind of property you can rent to yourself inside an SMSF, what risks make borrowing difficult for most SMSFs, and how to minimise the risks and make sure you’re getting the most out of this strategy.   The information provided in this podcast is intended to be of a general nature only. Any advice has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice, National Australia Bank Limited (ABN 12 004 044 937 AFSL 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any of this information. NAB has a business relationship with Heffron. NAB is not a registered tax agent and any taxation information contained on this website is of a general nature. The tax consequences of investing will depend on your particular circumstances and we recommend that you seek professional tax advice before applying for a financial product. The information in this podcast is not a substitute for reading the relevant terms and conditions and Product Disclosure Statement (PDS) before making any decisions available via our website at www.nab.com.au ©National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686 89526A0514.

There are now over 600,000 SMSFs in Australia, with over 1.1million investors having chosen to manage their own retirement savings. SMSFs offer unprecedented control, flexibility and investment choice, but also come with a long list of responsibilities and obligations, so it’s worth giving considerable thought to whether it’s the right structure for you. ----more---- If you’re thinking about an SMSF, or want to know more, tune in to hear SMSF guru Meg Heffron, who has decades of experience managing SMSF administration and has consulted to Government and industry on SMSF legislation, policy and regulation, give her guidance on how to answer this question. NAB’s SMSF expert Gemma Dale and Meg discuss many of the issues you can and should consider, such as: how much do you really need to start an SMSF how much work it really takes to manage your retirement savings, what risks make an SMSF difficult to manage, and who you should engage to help you, whether you prefer to do it yourself or seek out an expert.   The information provided in this podcast is intended to be of a general nature only. Any advice has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice, National Australia Bank Limited (ABN 12 004 044 937 AFSL 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any of this information. NAB has a business relationship with Heffron. NAB is not a registered tax agent and any taxation information contained on this website is of a general nature. The tax consequences of investing will depend on your particular circumstances and we recommend that you seek professional tax advice before applying for a financial product. The information in this podcast is not a substitute for reading the relevant terms and conditions and Product Disclosure Statement (PDS) before making any decisions available via our website at www.nab.com.au©National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686 89526A0514.

Meg Heffron is co-founder of Australia’s leading Self-Managed Super Fund Administrator. In this week's Success Story Meg talks about the conscious decision to base the thriving business in a regional location, her personally, and the consequences for her eponymous business.