Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 24 March 2022. Licensed by Copyright Agency. Just 0.6 per cent of SMSFs held cryptocurrency in 2020 and the sector remains wary. Regulators would like to keep it that way. Self-managed super funds have not been immune to the appeal…
Next month following the Easter break, close to 1000 SMSF professionals will gather in Adelaide over two and a half days to attend the SMSF Association National Conference. Those attending will cover the spectrum of the SMSF and investment industry including those that are involved in providing investment and insurance advice, accounting support along with…
Opinion piece written by Tracey Scotchbrook, Policy Manager, SMSF Association First published in The West Australian 07 March 2022. Licensed by Copyright agency. It is essential that self-managed superannuation fund trustees make sure that all the accounts and investments are held in the right name. It sounds obvious, but simple oversights can prove costly. Included…
In last month’s article – ‘What will 2022 bring for your SMSF?’, we looked at what may be on the cards for this coming year. No predictions, just a number of observations at a high level. On our list was share market volatility and a range of potential drivers that could see it continue following…
Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 23 February 2022. Licensed by Copyright Agency. Self-managed super sign-ups surge as costs and performance improve After the global financial crisis (GFC) in 2008, many believed the appeal of self-managed super funds would diminish. Many also believed the investment turmoil…
Written by Guest Contributor – Ian Irvine New research shows $200K can be a sufficient amount to commence and maintain your own SMSF. At that fund level, on average, SMSFs are competitive in returns and cost when compared to industry and retail funds. For many years, the level of assets; the value of investments held…
Welcome to 2022! For some, the beginning of a new year is a time to start anew, to plan ahead or make resolutions for the new year. So here are some of the things that I have picked up on as I, like you no doubt, have been receiving a lot of ‘information’ in our…
Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 27 January 2022. Licensed by Copyright Agency. The Australian Taxation Office takes a dim view of non-compliance – penalties range from fines to freezing the fund’s assets. While most self-managed super fund trustees don’t need to be reminded of the…
SMSF & Property Series: Part 5 Written by Mary Simmons, Technical Manager, SMSF Association In part 4 of our property series, we discussed how using a fixed unit trust can enable an SMSF to acquire real estate which the SMSF may not otherwise have sufficient funds to acquire itself. It can also assist in diversifying…
Opinion piece written by John Maroney, CEO, SMSF Association First published in Financial Review on 29 December 2021. Licensed by Copyright Agency. An election year means super reforms could be scrapped, with more changes on the cards if there is a change in government. Election years are always fraught with potential superannuation changes, but in…