One of the main reasons to have a self-managed superannuation fund (SMSF) is the flexibility it provides with investments. Many funds invest directly in more traditional investments such as listed shares and trusts, bonds, cash and property. However ... Read more

This paper covers the role trustees play in paying superannuation death benefits on a member's death. However, it does not review the taxation of death benefit lump sums or pensions to the beneficiary of the deceased or to the deceased's estate. Who's ... Read more

Many trustees and members of not only SMSFs, but also public offer superannuation funds, are interested in the payment of death benefits if they or their spouse were to die. This usually revolves around who is eligible to receive the death benefits ... Read more

Cryptocurrency is a virtual or digital currency which allows people to pay for goods and services directly through an online system. It has no legislated or intrinsic value and it is simply worth what people are willing to pay for it on the open market. ... Read more

A trustee's responsibility extends beyond just the fund, they are also obliged to oversee all of the members' interests. Some of the advantages of having an SMSF are that they provide members with the ability to control and manage their superannuation ... Read more

Six member SMSF funds sound like a sensible idea. Put the family in one super fund, make joint investment decisions, help the children save and heaps more reasons. Why not? The Treasury Laws Amendment (Self Managed Superannuation Funds) Bill 2020 (the ... Read more

An important part of a fund's investment strategy is for trustees to consider diversification of assets. This can take place amongst different investment classes, but also within a particular investment class. Take for example real estate, which can ... Read more

The start of the new financial year always brings with it new rules for superannuation funds. Some years have seen many wide-reaching changes, while other years have seen just a few. For the 2020/21 financial year the two changes are: the abolition ... Read more

With the end of another financial year it is time to ensure that SMSFs (self-managed superannuation funds) have everything ready to allow a smooth completion of the SMSF's 2019/20 financials and tax return. While most requirements are unchanged ... Read more

Whether a fund is able to conduct business activity, comply with the superannuation rules and not fall foul of a range of other issues must be met with the universal technical answer, "it depends." Read more