Recorded Webinar: Accessing Benefits in Your SMSF – Getting it Right and Avoiding Penalty


Friday 17th May 2019

Duration:  approx. 2 hours

Accessing benefits is generally only allowed when a member reaches their preservation age and meets one of the specified conditions of release. This session examines key issues pertaining to conditions of release, including:

  • Preservation age and satisfying conditions of release

  • Special circumstances where benefits can be released early

  • What does ‘severe financial hardship’ mean in accessing the fund?

  • Permanent incapacity- definitional dilemmas

  • What does “retirement” mean in this context?

  • Starting a TRIS as an alternative

  • When members are tempted to access early – penalties and consequences

  • Case study – Huckle v Commissioner of Taxation [2014] AATA 362

Recorded Webinars,Superannuation and SMSF audit,Recorded Webinar:  Accessing Benefits in Your SMSF – Getting it Right and Avoiding Penalty

Shirley Schaefer, Partner, BDO, Adelaide

Shirley leads the Superannuation team, at BDO in South Australia, as well as the national specialisation. She is a recognised industry expert and a passionate advocate of her clients, team and industry.

The Superannuation service line provides a range of compliance, accounting, and taxation and audit services for self managed superannuation funds (SMSFs), both directly and as a back office function for a range of client service providers. Working in cooperation with the Wealth Management team, Shirley is able to support the delivery of strategic superannuation services and advice. Speaking engagements, training and workshops with the Institute of Public Accountants (IPA), Chartered Accountants Australia & New Zealand (CAANZ), SMSF Association (SMSFA), Tax & Super Australia (TSA) and The Tax Institute (TIA) illustrate her industry leadership.

With more than 20 years’ experience as a Chartered Accountant, Shirley joined the South Australian firm in 1994, commencing as an auditor. In 1996, she established a separate Superannuation service line; now one of the largest, dedicated super teams in BDO, servicing over 800 SMSFs. Shirley became a Director in 2001 and was appointed BDO’s National Lead Partner for Superannuation in 2010.


This webinar is suitable for accountants and lawyers advising in superannuation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email:

© Television Education Network Pty Ltd 2020

Product Code: WBKMAY19
 Price:  $264.00 (Inclusive of GST)
© 2020 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.