“There is no tax payable on income and capital gains on assets set aside to fund pension liabilities” The ATO recently reported there are about 440,000 self-managed superannuation funds members (SMSF) receiving pension payments, and a further 250,000 SMSF members…
In the current sharemarket, those SMSF investors who are “bargain hunting” should be cautious while volatility and uncertainty remain, according to Instreet Investment. The US Fed’s failure to raise rates reinforces investor concerns about the health of the world economy,…
CommSec has labelled physical residential property as a “hit and miss” investment and has discouraged SMSFs with less than $4 million from investing in the asset class. Speaking to SMSF Adviser, CommSec general manager of adviser services Eric Blewitt said…
A former financial adviser has been handed a permanent ban from providing financial services following an investigation into his dealings with self-managed super fund (SMSF) clients. An investigation into the conduct of Nicholas Hunter by the Australian Securities & Investment…
In accordance with the 15th annual Financial Planning Week, the Financial Planning Association (FPA) is offering free advice via their online forum from the 24th to 30th August 2015. You can have your questions answered by FPA experts by submitting…
The assistant treasurer, Josh Frydenberg, has stated that there will be no ban on self-managed super fund (SMSF) borrowing but there will likely be tougher regulations on the matter. For some investors, changes to superannuation legislative rules is their main…
Superannuation investors’ greatest concern is not under performance but potential legislative change to superannuation rules, according to a report by State Street Global Advisors. The Australian Retirement Vision Survey, based on a study of 1,200 super fund and SMSF investors…
As a Trustee or member of a self-managed super fund (SMSF), there are responsibilities you need to be aware of to keep your SMSF compliant. One of these responsibilities would be to meet all the annual obligations for your SMSF…
A survey released this week shows that the popularity of self-managed super funds remains high. This is shown not only by the number of funds being established each month but also by the increasing value held in these funds and the growing…
We can’t stress the importance of self managed super fund (SMSF) education enough – many SMSFs are found to be in breach of SMSF rules and regulations every year whether it was intentional or unintentional. Either way, it shows that…