Many of us will have heard the term ‘diversification’ and some will be familiar with the expression that it’s ‘the only free lunch in investing’. In my view, diversification, how you allocate investment assets coupled with an understanding of cash flow and the power of compounding make a pretty good meal! Simply put diversification means…
December 4, 2019
The do’s and don’ts of property investing for SMSFs
Written by John Maroney, CEO, SMSF Association First published in The Sydney Morning Herald on 04 December 2019. Licensed by Copyright Agency. Self Managed Super Fund trustees are no different to many other Australians – they relish the opportunity to invest in direct property. Australian Taxation Office figures show property comprises about 13 per cent…
November 29, 2019
New FASEA code could spell trouble for SMSF trustees
Written by John Maroney, CEO, SMSF Association First published in The Australian Financial Review on 28 November 2019. Licensed by Copyright Agency. Changed adviser rules could lead to self-managed superannuation funds missing out on valuable advice. Will SMSF trustees have trouble buying or selling shares early next year? With the new Financial Advisers Standards and Ethics…
November 26, 2019
Issue 5: Understanding the measures of performance in your SMSF
For those who have been following our series to date, I hope the articles have been helpful in building some fundamental understanding of how to set up, run and manage an SMSF portfolio from an investing perspective. In this instalment, I thought it may be helpful to continue in this vein and discuss some of…
November 7, 2019
Typical SMSF costs ‘less than $5000’ a year to run
Written by John Maroney, CEO, SMSF Association First published in The Australian Financial Review on 06 November 2019. Licensed by Copyright Agency. Software providers to DIY funds say annual operating costs are much lower than the $13,900 cited by ASIC. What does it really cost to run your own self-managed superannuation fund (SMSF)? The Australian…
November 6, 2019
Research shows SMSFs continuing to diversify
Written by John Maroney, CEO, SMSF Association First published in The Brisbane Times on 06 November 2019. Licensed by Copyright Agency. It’s time to call a spade a shovel. When the two latest controversies surrounding Self-Managed Super Funds (SMSFs) – single-asset funds (typically property) and the release of an Australian Securities and Investments Commission fact sheet…
October 29, 2019
Issue 4: Incorporating active and/or passive investment styles in an SMSF
Hello again and thank you for joining us in our SMSF Connect Investment Series. This instalment continues to build on the fundamentals of investing and takes a look at the features, benefits and difference between active and passive investing. The terms ‘active’ and ‘passive’ apply to the style a manager may adopt to meet the…
October 10, 2019
Do’s and don’ts of SMSF property investment
Opinion piece written by John Maroney, CEO, SMSF Association First published in The Financial Review on 10 October 2019. Licensed by Copyright Agency. Are you considering SMSF property investment? Direct property is an investment that self-managed super fund (SMSF) trustees are likely to consider at some stage. In fact, direct property investments make up about…
October 3, 2019
CEO Update | The Retirement Income Review
First published in October 2019. Hear the latest update regarding The Retirement Income Review from the SMSF Association CEO, John Maroney. In late September, the Treasurer announced a review into the retirement income system. This review was recommended by the Productivity Commission in its report ‘Superannuation: Assessing Efficiency and Competitiveness’ and comes 27 years after…
September 24, 2019
Issue 3: Growth and income investing in your SMSF – one or the other or both?
Hello again and welcome to the third of our SMSF Connect Investment Series. I trust you are finding these to be of interest and I hope the discussions around cash flow and our most recent Cash- how much is enough in your SMSF to be useful. One of the most common requests received when I…