SMSFs’ investment returns competitive with APRA funds at $200,000

From

The investment performance of a typical self-managed super fund (SMSF) improves as the fund balance approaches $200,000. Once this threshold is reached the fund achieves comparable investment returns with APRA... Read more continue reading

Does a criminal record disqualify you as an SMSF trustee?

From

It is best for SMSF trustees to continuously maintain a clean record to keep their SMSF but getting a criminal record is not yet the end of the world. An... Read more continue reading

What to consider when updating SMSF trust deed

From

If your trust deed was prepared quite some time ago, it may be time to update the governing rules of your SMSF trust deed. Doing so means that you can... Read more continue reading

SMSFs transacting with former spouse, cousins or friends

From

There are circumstances where a former spouse could be considered a related party of the fund. Any transactions would be subject to the sole purpose test and the investment strategy... Read more continue reading

SMSF: When a member has a terminal medical condition

From

When an SMSF member is diagnosed with a terminal medical condition, it is not only devastating news to them but also to those close to them. With perhaps little time... Read more continue reading

Can an SMSF sell a collectable to a related party?

From

Can SMSF trustees sell a collectable (artwork) to a relative and does it require a valuation report? John and Mary’s SMSF has purchased a collection of artwork as an allowable investment... Read more continue reading

SMSF NALE ruling finalised – ATO gives some good news, some not so good

From

A key ATO ruling (LCR 2021/2) was released yesterday to update the original draft from 2019. It deals with the vexed issue of when transactions between a superannuation fund and... Read more continue reading

Are you up to speed on the latest process to rollover a member of an SMSF?

From

Rollovers from one SMSF to another must comply with the technical requirements. Elizabeth Wang from Townsends Law has summarised those requirements to save you time. John and Mary have an... Read more continue reading

SMSF Trustees go for growth in low-yield environment

From

In a reversal from last year, SMSF trustees intend to increase their allocation to equities and decrease their allocation to cash in the current low-rate environment, according to the 2021... Read more continue reading

Michael Hallinan reviews recent superannuation changes

From

Six member SMSFs finally arrive Why have a 6 member SMSF? A 6 member SMSF may be relevant to situations where a parent or a couple have children who are... Read more continue reading