News

LRBAs valuable asset for SMSFs in accumulation phase

January 2020 Opinion piece written by John Maroney, CEO, SMSF Association Published in The Sydney Morning Herald on 15 January 2020 Self-managed super funds (SMSFs) have always attracted their share of critics; lack of investment acumen and excessive costs are just two of the arguments made by those opposed to this $750-billion superannuation sector. However,…

News

SMSF alert on potential to lose tax breaks

January 2020 Opinion piece written by John Maroney, CEO, SMSF Association Published in the Australian Financial Review on 04 January 2020 DIY super fund trustees need to be aware of new legislation relating to a fund’s expenditure and income.  Some self-managed superannuation fund (SMSF) trustees are at risk of losing concessional tax benefits under new…

News

The do’s and don’ts of property investing for SMSFs

December 2019 Opinion piece written by John Maroney, CEO, SMSF Association Published in the Sydney Morning Herald on 04 December 2019 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 of…

News

New FASEA code could spell trouble for SMSF trustees

November 2019 Opinion piece written by John Maroney, CEO, SMSF Association Published in the Australian Financial Review on 28 November 2019 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 Authority…

News

Typical SMSF costs ‘less than $5000’ a year to run

November 2019 Opinion piece written by John Maroney, CEO, SMSF Association Published in the Australian Financial Review on 06 November 2019   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…

News

Research shows SMSFs continuing to diversify

November 2019 Opinion piece written by John Maroney, CEO, SMSF Association Published in the Brisbane Times on 06 November 2019   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…

News

Do’s and don’ts of SMSF property investment

October 2019 Opinion piece written by John Maroney, CEO, SMSF Association Published in the Australian Financial Review on 10 October 2019 Direct property is an investment that self-managed superannuation fund (SMSF) trustees are likely to consider at some stage. In fact, direct property makes up about 15 per cent of all SMSF assets. This has…