As a responsible SMSF trustee, you would be reviewing your fund's investment strategy yearly; but are you properly reviewing your personal insurance when doing so? Considering your fund's insurance strategy can prove far more valuable than just a legal 'tick-and-flick' exercise, helping you protect … [Read more...] about Tax Deductible: Buying insurance with an SMSF
8 years ago, we saw the need in a growing market for lending experts who specialise in SMSF. Our team now combines years of experience through every aspect of self-managed super funds. Together, we organise more limited recourse borrowing arrangements (LRBA or SMSF loans) in a week than most other brokers or bank branches in a year. Here we share some of our insights as well as SMSF news with you.
Our expertise has been sought by and seen in Australian Broker, the Herald Sun, Money and Mamamia.
The SMSF landscape has changed drastically over time, and never more rapidly than now, as Millennials jump on board a landscape that was previously dominated by Baby Boomers. According to industry experts, the rise of SMSFs being established by our Millennial population is set to continue. You may … [Read more...] about Millennials Leading the SMSF Surge
Long has lived the notion that SMSFs are over-priced and over-complicated unless the balance is north of $500,000 – but times are changing. SMSFs are now proving their strength in the cost-competitive arena. Industry research found that funds with balances of only $200,000 are as cost-competitive as … [Read more...] about The Cost of SMSFs vs Public Offer Funds
There’s no doubt that times have been tough for many businesses since Coronavirus came knocking at our economic door. If you’re one of the many SMSFs who hold commercial property and lease it back to either your own business or a loved one’s, this year’s audit could prove more precarious than … [Read more...] about How to make sure your Commercial Property Lease to a related party passes your SMSF audit
As an SMSF trustee, one of the key functions of your management and control responsibility is to determine and facilitate the SMSF's investment strategy. The initial impact and consequent aftermath of COVID's upheaval to market conditions cannot be ignored when revising your fund's SMSF asset … [Read more...] about Post COVID-19: How to Diversify Your SMSF Portfolio for the Future
Any simplification to the complex self-managed super fund environment is always welcomed eagerly, so it's no wonder SMSF stakeholders have applauded changes to SMSF residency rules in this year's federal budget. Keep reading to find out how this long-awaited proposal not only delivers … [Read more...] about SMSF & Travel Bans: SMSF Residency Rules Update
As we pass through the self-managed super fund (SMSF) Annual Return (SAR) season, it’s likely you recently went through the process of locating all of the required information and documentation in order to prepare your SMSF tax return. Did you find the original copy of your SMSF Trust Deed? And have … [Read more...] about Lost Your Deed? It’s Best to Create a New Fund
With the market turbulence of COVID-19 finally stabilising, have you looked to update your self-managed super fund (SMSF) investment strategy? Not only is an appropriate strategy compulsory for SMSFs, but a dynamic and relevant investment strategy can be the driving force to ensuring your retirement … [Read more...] about It’s Time to Update Your SMSF Investment Strategy
One key difference between self-managed super funds (SMSFs) and retail or industry super funds is that SMSFs can invest directly in residential or commercial properties. But just because you can do that with your SMSF, does it mean it’s a good idea? Read on to find out. SMSF property … [Read more...] about Is Property Inside an SMSF a Good Investment?
When used correctly, offset accounts can have huge benefits for SMSF loans. However, due to the complex nature of limited recourse borrowing arrangements (LRBA), there are dangers to offset accounts if they're not structured correctly. How does an SMSF loan work? The Superannuation Industry … [Read more...] about Is Your SMSF Offset Account Compliant?