Written by John Maroney, CEO, SMSF Association First published in Brisbane Times on 08 June 2021. Licensed by Copyright Agency. As the end of the financial year approaches, it is a good time for trustees to do an annual check-up on their Self-Managed Super Fund. Here are five key issues to be aware of in…
May 31, 2021
Issue 21: What risks do I need to be aware of in my SMSF?
When we talk of risk in investing, we often think of things that maybe out of our direct control, such as ‘market risk’, which is the losses that may stem from adverse movements in markets. Who really saw the COVID-19 shock coming? There is also a range of other types of risk that may spring…
May 31, 2021
Women lead the charge into SMSF
First published in Financial Review on 31 May 2021. Licensed by Copyright Agency. Self-managed super is attracting the interest of those segments of society that have traditionally done poorly for want of control over their finances. Millennials and women are leading the way in the self-managed superannuation fund sector, the Australian Taxation Office’s (ATO) latest…
May 31, 2021
Cutting-edge technology puts investors in driver’s seat
First published in Financial Review on 31 May 2021. Licensed by Copyright Agency. Today’s investors have access to markets and trading opportunities which in the past were the exclusive domain of stockbrokers, bankers, and hedge funds. The SMSF sector has been at the cutting edge of self-directed investing technology for a number of years, says…
May 20, 2021
New ATO survey of SMSF trustees
Written by Mary Simmons, Technical Manager, SMSF Association With over 1 million Australians having made the decision to take control over their superannuation and set up an SMSF, the Australian Government has recognised the need to find out more about this population. To better understand what motivates you and who influences you, the Government has…
May 20, 2021
Budget delivers the bacon for self-funded retirees
Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 20 May 2021. Licensed by Copyright agency. The standouts are removing the work test for non-concessional contributions for those aged 67-74 and lowering the eligibility age from 65 to 60 for downsizer contributions. That the budget contained measures specifically designed to…
May 11, 2021
A strong Budget for SMSFs | 2021 – 2022 Federal Budget Summary
Written by Peter Burgess, Deputy CEO / Director of Policy & Education, SMSF Association As expected, the 2021-2022 Federal Budget has a strong emphasis on job growth and women’s security. From an SMSF perspective, after a few quiet Budgets, there were some welcome surprises for the SMSF investors in this year’s Federal Budget. The following…
April 30, 2021
Issue 20: What a difference a year makes…or does it?
Written by Name, Title, Company Hindsight is an amazing thing, so let’s use a little and reflect on the past 12 months. At the end of March a year ago, we did not know that it marked the beginning of an unexpected and relatively speedy recovery in financial markets as measured by key indices. At…
April 27, 2021
SMSFs with collectables need to read the fine print
Written by John Maroney, CEO, SMSF Association First published in Financial Review on 21 April 2021. Licensed by Copyright Agency. Got art, jewellery or cars in your collection? Watch out for how they’re insured, where you store them and who uses them. The rules around the holding of collectables and personal-use assets owned by self-managed super funds…
April 22, 2021
Your 2021 End of Financial Year (EOFY) Considerations
The COVID-19 pandemic has affected everyone’s lives, and SMSF trustees are no exception. With the worst of the pandemic hopefully behind us, you may still have difficult questions to ponder as you focus on how best to position your SMSF in 2021-22, as well as meet your fund’s annual regulatory obligations for 2020-21. If there…