smsf
Cost of a self managed superannuation fund
Wanting to get more control of your superannuation and wondering what its costs to have your own self managed superannuation fund (SMSF)? There are several components to the cost of running an SMSF, including: Investment management fee Accounting fee Audit fee ATO supervision levy Professional fees for advice, administration and anything else you choose to outsource The [...]
Risky SMSF borrowing advice from real estate agents
The Institute of Chartered Accountants of Australia (ICAA) superannuation specialist, Liz Westover recently wrote of her alarm at some marketing material she received from a real estate agent promoting borrowing within a self managed superannuation fund (SMSF) to buy property. Westover wrote: “I was surprised and somewhat alarmed that some of the information provided was [...]
SMSF Guide
If you are contemplating a self managed superannuation fund or already have one then you may be interested in this useful SMSF Guide produced by Macquarie’s technical team
SMSF: corporate or human trustee?
This article is reprinted with permission of the article author LawCentral. The views expressed are entirely their own and within their expertise. Read the article or watch the video here. Question: My accountant suggested a corporate trustee for my Self Managed Super Fund. I already have a few companies – I know they are more [...]
Why you don’t need a SMSF
Self managed superannuation funds (SMSF) are often sold to people on the basis of getting greater control. That’s rubbish! Every time I hear it I roll my eyes and sigh heavily. An off the shelf fund gives you great control When you are thinking of getting more control over your superannuation, what control are you [...]
Should you use a Corporate Trustee to run your Self Managed Super Fund?
This article is reprinted with permission of the author LawCentral. As with most things whether you use a corporate trustee to run your self managed superannuation fund entirely depends on your situation. Your accountant is the best person to ask. A Corporate Trustee is good if you fall into the following categories: You are secretive and own [...]
Checklist to ensure your SMSF deed is up to date
This article is reproduced courtesy of the author LawCentral. If you have a self managed superannuation fund (SMSF) it is essential that you as trustee regularly review the deed to ensure it is up to date. One benefit is that an up to date deed will give you access to the latest strategies as they [...]
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