SMSF Professionals and Individuals To Work With To Make It A Success Some call Self-managed Super Funds as ‘do it yourself super’ or ‘DYI funds’. They give members more control of the funds but doing it all by yourself is not possible. To meet the obligations of the fund you need to work with some […]
Getting Out Of A Self-Managed Super Fund Before setting up an SMSF it is also necessary to have a strategy in walking away from it to avoid costly disagreements or conflicts in the future. There are various and several reasons why people decide to get out of a Self Managed Super Fund. Some of these […]
SMSF Rules Self-managed super funds can get complicated, especially if you are unaware about the SMSF rules. It is vital to understand all the SMSF rules so as not to get penalised or lose your fund. SMSF rules ensure the protection of all parties involved in any transaction incurred in the system. SMSF is characterised […]
SMSF Auditors Registered and approved SMSF auditors play a critical role in maintaining the financial health and integrity of the SMSF sector through annual audits. Professional Requirements of SMSF auditors An SMSF auditor can conduct audits if he or she is registered with the ASIC. He also needs to have a valid SMSF auditor number […]
Guide To Self-Managed Super Fund (SMSF) A self-managed super fund is a DIY private retirement fund that you manage personally. Members or trustees have control on how their retirement funds are invested. Overview of rules that govern SMSFs. SMSF are set up for the sole purpose of giving retirement benefits to its members, trustees or […]
Factors to Consider in SMSF Administration SMSF administration takes time and effort. If you decide to ask for help to do the work, you should be aware of the types of support that you can get in the market or SMSF administration service. There a many options to choose from and there are different pricing […]