by kirstyb | Sep 12, 2022 | SMSF, Superannuation
There has been a recent uptick in using and buying crypto assets and using it as an investment for their SMSF. Here is our all you need to know guide. While SMSF’s are not prohibited from investing in crypto assets, the investment must: be allowed under the fund’s...
by kirstyb | Sep 12, 2022 | SMSF, Superannuation
When a self-managed super fund (SMSF) member dies, the SMSF generally pays a death benefit to a dependant or other beneficiary of the deceased. This should be done as soon as possible after the member’s death. If the recipient is a dependant of the deceased, the...
by kirstyb | Feb 21, 2022 | Finance, SMSF, Superannuation
General duties as an SMSF trustee Your duties and responsibilities of being an SMSF trustee are serious and shouldn’t be taken lightly. The penalties can be quite onerous if breaches occur. To know your general duties as an SMSF trustee is essential. Even though...
by kirstyb | Feb 16, 2022 | Finance, SMSF, Superannuation
Sole purpose test – What Does This Mean? Your SMSF needs to meet the sole purpose test to be eligible for the tax concessions normally available to super funds. This means your fund needs to be maintained for the sole purpose of providing retirement benefits to your...
by kirstyb | Feb 16, 2022 | Finance, SMSF, Superannuation
Your self-managed superannuation fund (SMSF) investment strategy Every SMSF must have an investment strategy. For the start of this new year, it is always good to look at what your investment goals are. What is an Investment Strategy? Your investment strategy...
by kirstyb | Apr 7, 2021 | Property Investment, SMSF
SMSF Investment Strategies – Dealing with increased scrutiny With the 2020/21 financial year entering the last quarter, it is timely for SMSF Trustees to consider the currency of the Fund investment strategy, in light of the increased scrutiny being applied to the...
