Low interest rates prompting LRBA refinancing

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SMSF trustees should not give into the siren call of low interest rate refinancing of their Fund’s loan until they have considered these points. In the current low-interest rate environment,... Read more continue reading

Capital preservation the need of the hour for SMSFs

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Self-managed super funds (SMSFs) will be increasingly attracted to fund managers offering capital preservation post COVID-19, says Davin Hood, Managing Director at Cor Capital, a Melbourne-based investment manager. “With much of... Read more continue reading

Six member SMSF as pooled investment structure

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There is currently legislation before Parliament to increase the maximum number of members of SMSFs from four to “not more than six”.  When passed, the measure will commence from the... Read more continue reading

Buy your retirement home now in your SMSF and use it when you retire?

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Garry and Betty are the directors of the corporate trustee of their SMSF.  They are contemplating acquiring a property through their SMSF, which they plan to lease to an unrelated... Read more continue reading

Asset rich, cash poor: Meeting cash obligations with all eggs in one basket

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What to do when the fund owns a property and one of the members dies.  Can the fund delay selling the property to pay the death benefit? A self-managed superannuation... Read more continue reading

SMSFs and derivatives – a potential diversification option

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Investing in derivatives has been one of the popular investment options for savvy investors. As the ATO has been posing the question to some SMSF trustees whether their investments are... Read more continue reading

COVID-19 rent deferral IHA relief

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The ATO has issued draft SPR 2020/D2 which when registered will exempt SMSFs that allow a rent deferral to a related party tenant from the in-house assets (“IHA”) provisions in... Read more continue reading

Five traps for SMSFs buying off-the-plan

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John and Mary are looking to acquire an off-the-plan property through their SMSF. They need to consider the five following points. 1. Purchaser named on the contract It is important... Read more continue reading

Seamless SMSF appoints former Deloitte Partner

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SMSF administration and audit firm Seamless SMSF has hired former Deloitte Partner and Engage Super Audits CEO and founder Jo Hurley (Jo Heighway) to bolster its sales team. Ms Hurley... Read more continue reading

Costly self-managed super funds? Are they right for me?

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It has been a heated month in self-managed super fund (SMSF) land. The Australian Securities and Investment Commission (ASIC) started the ball rolling with a fact sheet that stated SMSF... Read more continue reading