Liz Westover, FTI

Liz Westover, FTI

Deloitte

Liz is a Partner and the National SMSF Leader at Deloitte. She is responsible for the firm’s SMSF service offering providing compliance and advisory services to the firm’s clients. Liz has extensive experience in superannuation, having previously held positions at PwC and as Head of Superannuation at Chartered Accountants ANZ. She has strong capabilities on the technical application of superannuation and associated tax laws. She is a regular commentator on superannuation issues with mainstream and social media and has authored blogs and articles on superannuation and related issues for many years. Liz has been heavily involved in superannuation policy development and advocacy, regularly liaising and consulting with Government, regulators and stakeholders on technical, legislative and policy matters. She is a Fellow of The Tax Institute, a Fellow Chartered Accountant, CA SMSF specialist and holds a Master of Legal Studies from the University of New South Wales and a Bachelor of Business from the University of South Australia.

All Sessions by Liz Westover, FTI

3:30 pm - 4:30 pm

Session 16.1: SMSFs – current state of play

SME Stream

The SMSF landscape has evolved over the past few years with transfer balance cap and total super balance changes, not to mention case law on valid binding death benefit nominations. This session will discuss some of the consequences of recent super and SMSF announcements including:

  • COVID-19 concessions
  • Implications of Section 42 non-compliance notices
  • Changes to the bring forward periods
  • Carry-forward concessional contributions
  • Indexation of the non-concessional contributions thresholds
  • Withdrawal and re-contribution strategies – are they worth it? and
  • An overview of some recent cases.