SMSFs

Superannuation

Multiple accounts about more than insurance

SMSF trustees who hold multiple accounts are doing so for more than just insurance....

Superannuation

Young investors suited to property borrowing

A new breed of younger self managed super fund (SMSF) trustees with higher super balances will increasingly take up the option of borrowing to invest in property, accordi...

Superannuation

SMSF borrowing improvements

The Australian Taxation Office's (ATO's) recent draft ruling on limited recourse borrowing arrangements has clarified its approach according to SPAA national technical di...

Superannuation

Property appeal for new breed of SMSF trustees

Borrowing to purchase within a self managed super fund (SMSF) will become an increasingly popular option for a 'new breed' of younger, higher balance SMSF trustees, accor...

Financial planning

Financial adviser sentiment nosedives

The mood of financial advisers has slid back to levels not seen since the height of the global financial crisis amid ongoing market volatility and concerns about the Gove...

Superannuation

ATO clarifies SMSF borrowing

The Australian Taxation Office (ATO) has recently provided more clarification on borrowing arrangements for SMSFs. Stephen Bone puts into context three major areas of the...

Superannuation

Stronger Super disadvantages SMSFs

The in-specie transfers ban announced in Stronger Super will disadvantage self-managed super funds (SMSFs) and expose them to greater costs and risks, according to Hewiso...

Superannuation

ATO acknowledges auditor improvements

The ATO has acknowledged an improvement in SMSF audit standards, but some recalcitrants remain....

Superannuation

SMSF succession planning

SMSF succession planning requires careful planning and the submission of extensive documentation. Daniel Butler and Nathan Papson explore some of the aspects of this proc...

Superannuation

SMSF trustees need appropriate tax treatment

The self-funded nature of SMSFs should be reflected in their tax treatment, according to SPAA....

Superannuation

Clock ticking on SMSF property timetable

Time is running out for SMSF trustees looking to settle property transactions inside 2011, according to NSW-based mortgage broker SMSF Loans....

Financial planning

ATO still vigilant on illegal early release schemes

The ATO has warned of the significant tax implications for people involved in illegal early release super schemes....

Superannuation

Stronger Super gets mixed reaction

The Financial Ombudsman Service will be effectively operating in the dark once the FOFA reforms are introduced, according to Argyle Lawyers principal Peter Bobbin. The cl...

Superannuation

Increase contributions cap to $35,000: SPAA

The Self Managed Super Fund Professionals' Association (SPAA) has called for the Government to increase the standard concessional contribution cap by $10,000 to $35,000 f...