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…
News
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…
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…