As we approach the end of the 2019 financial year we would like to highlight that in the past year we have seen some of the most significant changes to superannuation in more than a decade. Self-managed super funds (SMSF) have not escaped the changes. With the end of the Read more…
As we approach the end of the 2018 financial year we would like to highlight that in the past year we have seen some of the most significant changes to superannuation in more than a decade. Self-managed super funds (SMSF) have not escaped the changes. As always, we are here to Read more…
Directly held property makes up approximately 19% of all Self Managed Super Fund (SMSF) assets, indicating that many SMSF trustees consider it’s an important and significant part of a diversified portfolio. There are numerous strategies and ways for property to form part of an SMSF’s investments and each must be Read more…
In the past, media has focussed on the risks of investing in geared property by self-managed superannuation funds (SMSFs) and whether it is really the right long-term decision for a member’s retirement. It can be the right choice for some but it’s not for everyone. Opportunities come with risks which Read more…
Amongst the changes in the 2016 Federal Budget was legislation to remove tax concessions for transition to retirement pensions (TTRs) and bring them closer to their purpose of providing income to members as they transition to retirement. The new rules removed the tax exempt status that TTRs have long enjoyed Read more…
Trust deeds in the new SMSF world – Benefit payments and estate planning Your superannuation trust deed along with the superannuation laws form the governing rules that self managed super funds (SMSFs) needs to operate by. The introduction of the $1.6 million transfer balance cap (TBC) and new transition to Read more…
With the new super rules beginning on 1 July 2017, your requirement to report information about your SMSF and the pensions it pays you and other fund members may be changing. This is driven by the introduction of the new $1.6 million transfer balance cap which limits the amount of Read more…
Industry chatter about ways to cheat the new $1.6 million pension account balance cap has prompted the Australian Tax Office to issue a warning about the use of reserves. A reserve is an amount of money or assets inside an SMSF that is not part of any member’s account. The ATO says there are Read more…
SMSFs: Avoid small mistakes with major consequences Taking control of investment decisions through a self-managed super fund (SMSF) is empowering, but also requires a great degree of personal responsibility from each trustee. You need to have a detailed knowledge of the many facets of SMSFs, as what seems like a minor mistake, could result in Read more…
SMSF – Revisiting Corporate vs Individual Trustees With the popularity of borrowing to invest in property in Self Managed Super Funds (SMSF), there has been an increase in demand in corporate trustee structures. This is because one of the common lender requirements for an SMSF loan is to have an SMSF with Read more…
You must be logged in to post a comment.