SUPER FUNDS

  With Self Managed Superannuation Funds (SMSF) being the fastest growing sector in the Superannuation system, here we explore a series of questions that we believe people should ask themselves before proceeding to establish a SMSF.   Ask yourself one more time if this is the right decision for you.…
Below is the latest summary of Self Managed Super Funds from the ATO - these statistics are taken from the returns from the 2015 financial year, therefore they are essentially 12 months in arrears.                         It can also be…
A Self Managed Superannuation Fund (SMSF) is one where you, as a trustee and member, have responsibility over the management, investment and administration of your super fund. SMSFs are quite different from other super funds because they're run by you, for you and any other members of your SMSF. SMSFs…
The Tax Office has published a list of the top 10 compliance mistakes that SMSF trustees make when running their funds. The list is based on the type of contraventions reported by approved SMSF auditors between 2005 (when contravention reporting started) and up to June 30, 2012. The top 10…