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…
September 12, 2019
ATO gets tougher on SMSF investments
Opinion piece written by John Maroney, CEO, SMSF Association First published in The Financial Review on 12 September 2019. Licensed by Copyright Agency. The Australian Taxation Office has started to issue letters to nearly 18,000 self-managed super fund trustees and their auditors as part of a campaign to ensure trustees are aware of their investment obligations, particularly the need…
September 11, 2019
ATO scrutiny on SMSF Trustees re investment strategies
Content provided by LBD Group The ATO in September 2019 have written to 18,000 SMSF trustees where they believe the Fund holds more than 90% of its investments in a single asset or in a single asset class. They are concerned that the Trustee’s investment strategy may not be in compliance with the Superannuation legislation. …
September 5, 2019
Inverse yield curve
Content provided by Thinktank On 14 August, the three major US sharemarket indicators went into a tailspin; the Dow Jones Industrial Average was down 3.1 per cent, the S&P 500 2.4 per cent and the Nasdaq three per cent. And the villain in all this market selling? The inverse yield curve. For Australian investors waking…