Smsf Self Managed Superannuation Fund

New SMSF Event-Based Reporting Requirements

New SMSF Event-Based Reporting Requirements

A new reporting regime for Self-Managed Superannuation Funds (SMSFs) commenced on 1 July 2018. It’s crucial that SMSF members understand the impact of this new reporting framework and get it right.

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( Posted in: SMSF )

Every Three Year SMSF Audits A Ludicrous About Face

Every Three Year SMSF Audits  A Ludicrous About Face

SMSF Auditors now must: be registered with ASIC; be registered with the ATO; have enormous amounts of regular professional updates; and also be audited by their peak professional bodies, such as the Chartered Accountants ANZ and CPA Australia.

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( Posted in: SMSF )

CBA To Scrap Supergear Product

CBA To Scrap Supergear Product

CBA will SCRAP their Supergear product, effective 12th October 2018. A decision to refine their product offering to become a “simpler, better bank” is their reasoning to exit the LRBA market. 

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( Posted in: Lending & Finance )

Understanding how SMSF contributions work

Understanding how SMSF contributions work

Contributions can play an essential role in a self-managed superannuation fund (SMSF). Your SMSF contributions can be made in two ways – either by cash or an asset (known in the trade as ‘in specie’ contribution).

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5 Investment Property Ownership Structures SMSF

5 Investment Property Ownership Structures  SMSF

There are 5 major ownership structures in which you can hold investment properties, and each one has its pro’s and con’s. The fifth and final article is on investment property held in SMSF’s, not a structure that is to be taken lightly, but one that can be very advantageous for the right investor.

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( Posted in: Property )

Insurance for Self-Managed Superfund Members

Insurance for Self-Managed Superfund Members

When preparing your investment strategy for the superfund you are required to consider whether to hold insurance cover for each member of your SMSF.

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( Posted in: SMSF )