How much money do you need to start an SMSF?

November 2020 SMSFs are not for everyone, but for those individuals where an SMSF is entirely appropriate for them, the benefits can be considerable. In the context of ongoing public debate regarding the appropriate minimum size for an SMSF, new research has been provided to provide insights into the true costs of running an SMSF.…

Is an SMSF the right answer for you?

November 2020 We believe that every Australian has the right to a good quality of life in retirement. An SMSF offers control, flexibility, and choice but ultimately, they aren’t the best option for everyone: it comes down to individual circumstances. Our vision with this year’s SMSF Week is to provide tools and resources to answer…

Cost of Operating SMSFs 2020: Infographic

November 2020 The cornerstone of this year’s SMSF Week is the release of a key piece of research, conducted by Rice Warner, to update its previous findings for the Australian Securities and Investments Commission in 2013 ‘Costs of Operating SMSFs’. Assessing the cost-effectiveness of SMSFs compared to APRA regulated super funds, the research, proudly supported…

New super contribution rules for older Australians

November 2020 Superannuation rules are never stable, and the start of the 2020/21 financial year is no different. For older Australians, recent changes to the contribution rules may present new opportunities to contribute to superannuation. The changes are focussed on individuals aged between 65 and 74 and are designed to provide more flexibility in retirement.…

How Lowe can you go?

November 2020 Content provided by Msquared Capital This week marked one of the most controversial Australian Economic events, officially entering into the Quantitative Easing (QE) club.  The first week of November commences with the Melbourne Cup and it traditionally marks the start of the silly season, with the realisation that Christmas is only a few…

The importance of asset allocation tracking for SMSFs

November 2020 Content provided by Sharesight Tracking your asset allocation is a crucial part of maintaining a self-managed super fund  – and one that is all too often put off by trustees. The ATO requires self-managed super funds (SMSFs) to document their asset allocation and how this aligns with their investment strategy, reviewing this at…

A common misconception and tips for SMSF trustees

November 2020 Whether you are thinking of setting up a self managed super fund (SMSF) and want to familiarise yourself with what is involved or you’re a long-term trustee that wants to ensure they are adhering to the various rules and regulations of SMSFs, running your own fund is a big responsibility. Ensure you are…

How private lending can offer diversification in SMSF portfolios

October 2020 Content provided by Zagga   Recently Business Insider posted an article ranking the best and worst performing Australian super funds for 2020 with returns falling within the range of -2% to 9%. YES – you read right. NEGATIVE TWO PERCENT!! Depending on where you are in your retirement planning cycle, this negative return can have…

Diversification of SMSF portfolios post COVID-19

October 2020 Content provided by Sharesight The past few months have seen many investors question themselves (and those they go to for advice) about how best to rebalance their portfolios – especially if their goals or financial circumstances have changed due to the COVID-19 pandemic. For SMSF trustees, a portfolio review is critical during heightened…

What’s next for SMSFs, post the Federal Budget?

October 2020 The 2020-21 Federal Budget is all about jobs, jobs and jobs. COVID-19 has resulted in the most severe global economic crisis since the Great Depression.This Budget provides an additional $98 billion of response and recovery support under the COVID-19 Response Package and the JobMaker Plan. With the budget focussed on supporting small business…