Consider using equity in your own home to fund SMSF investing

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The average superannuation balance for Australians aged 45-54 is $151,500 for males and $90,800 for females. Australians aged 55-64 have an average balance of $322,000 for males and $180,000 for... Read more continue reading

What happens when both members of a SMSF die at the same time?

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It’s the call that every adviser dreads – the death of a client activates the estate planning toolkit of Will, Binding Death Benefit Nomination (“BDBN”) and reversionary nomination for SMSF... Read more continue reading

APRA quarterly super stats released: SMSF sector still largest

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APRA has just released its quarterly super stats for the quarter ended 30 June 2016.  The stats are for the four quarters to the June 2016 quarter. In terms of... Read more continue reading

Incapacity and SMSF trustees: How to get out of running an SMSF when health is poor or just too old?

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Begin as you intend to end. When it comes to SMSF’s, exiting at the right time and in an orderly fashion can often be a difficult decision to make for... Read more continue reading

Every SMSF member needs to put into place an Enduring Power of Attorney

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You may have seen coverage in the news of the Women and SMSFs report, jointly released by the CBA and the SMSF Association, indicating that more than half of SMSF... Read more continue reading

SMSF Trustee fined $40,000 for 30 separate breaches of SIS Act … a new benchmark for Trustee fines

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A Trustee of the Felix Super Fund has been fined $40,000 for over 30 separate breaches of the SIS Act and has been ordered to pay the ATO’s costs of... Read more continue reading

SMSF trustees ditch equities in favour of property and cash

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SMSF trustees have diversified away from international and domestic equities, instead favouring property investments and opting to hold more in cash reserves, according to the SuperConcepts SMSF Investment Patterns Survey.... Read more continue reading

Witnessing of Binding Death Benefit Nominations: One, two or none? What’s the story morning glory?

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Will all nominations lapse after 3 years? Must all nominations be witnessed by 2 independent witnesses (in the manner of a will)? The answers to these questions depends on whether... Read more continue reading

SMSFs still on track for comfortable retirement

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Most SMSF trustees can be confident that they are well placed to live comfortably in retirement, according to a new research report from the SMSF Association and SMSF retirement experts... Read more continue reading

OneVue SMSF investors look beyond the share market

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SMSF investors continue to retreat from the volatile stock market, recording their lowest investment for five years in this asset class for the June quarter of this year. According to... Read more continue reading