Many do not realise the extent of the disqualified person provisions in the Superannuation Industry (Supervision) Act 1993 (Cth) (‘SISA’). This can result in a person inadvertently acting as trustees... read more →
The hedge fund industry is currently worth around $208 billion in Australia alone(1). But while investors are familiar with the concept of traditional managed funds, there is less awareness of... read more →
Recent media has focussed on the risks of investing in geared property by self-managed superannuation funds (SMSFs) and whether it is really the right long-term decision for a member’s retirement. ... read more →
Each income year, a self-managed super fund (SMSF) trustee must appoint an independent approved SMSF auditor to perform a financial and compliance audit of their SMSF's operations before they lodge... read more →
Self-insurance in general and some specific types of external insurance, such as trauma insurance, are to be outlawed in SMSFs and most other super funds. Over the last 12 to... read more →
The generally accepted notion is that superannuation is protected on bankruptcy due to s 116(2)(d)(iii) of the Bankruptcy Act 1966 (Cth). However, the Commissioner has recently shown a willingness to... read more →
Following changes to the SMSF sector as part of the government’s Stronger Super review measures, SMSF trustees are now required by law to consider the need for insurance cover for... read more →
SMSF members wanting to expand their investment portfolio are able to borrow money through their SMSF to purchase these assets. Assets available to an SMSF include property, as well as... read more →
Changes for SMSF pensions - Introduction There have been big changes announced recently for SMSF pensions. This article explores some of the key changes and discovers that those hardest hit... read more →
On 5 April 2013 the Labor Government announced a number changes to superannuation. The main change is the proposed new tax on pension earnings that exceed $100,000 per member per... read more →
Although superannuation remains one of Australia’s most tightly regulated and secure savings environments, a number of pitfalls await unsuspecting SMSF trustees. Self managed super funds (SMSFs) are designed to... read more →
The Australian market – has a new bull market begun? The Australian equity market rally accelerated in February as the ‘great rotation’ out of bonds continued. The Australian market... read more →
We have pleasure in enclosing a summary of the significant announcements from the Federal Government's 2013 Budget. There are some key changes that may require some immediate action so please call... read more →
Critical action by 30 June There is critical action that all SMSFs with non-geared unit trusts must consider by 30 June ... come 1 July it may be too... read more →
With the end of the financial year looming, now is a good time to be thinking about your end of year superannuation strategies. It may also help you to avoid... read more →
Applications are regularly made to the ATO, often at a significant cost to taxpayers. The associated professional fees alone can run into the thousands of dollars. Therefore, even if an... read more →
On Friday 5 April 2013 the Minister for Financial Services and Superannuation, the Hon Bill Shorten MP, and the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP, announced... read more →
Leenane Templeton's' Andrew Frith has won the 'Australian SMSF Best Practice Award'. This prestigious self-managed super fund award was attended by over 900 professionals at the 10th anniversary of the... read more →
Building a free and independent lifestyle needs more than just a drive to succeed and the skill to make it happen. It takes one of two other ingredients; good luck... read more →
What happens when SMSF trustees don’t agree? Abstract: A recent NSW Supreme Court case highlights the importance of appropriate trustee combinations as well as strategic mechanisms that assist when... read more →