SMSFs are private funds that – as the name suggests, funds that you can manage yourself. Of course, this type of funds are regulated and should follow rules set by the Australian Taxation Office. But, what exactly is a Self Managed Super Fund?
SMSFs at a glance
SMSFs are investment funds that should be established for the […]
Using SMSF’s have been the method of choice in property investments, with the advent of the residential property boom. This has caused widespread talks of a property bubble, as most of SMSFs are invested in the residential sector, prompting experts to call for investment diversity. With the popularity of residential investments, is this a good […]
Here’s a great way to understand how you are taxed on your SMSF. Your SMSF contributions, whether it is concessional or non-concessional has a dollar cap applied annually.
Your contribution cap is also covered by Indexation starting July 2014. This is an adjustment on your contributions based on your weekly income. Understanding this will avoid any […]
Super funds are experiencing a strong year. As of June 30, 2013, total estimated assets rose by 15.5% from the previous year, posting a record $1.6 trillion for the first time since the global financial crisis.
Breaking down the superannuation asset types: Small funds, such as SMSFs, single member and APRA funds, which hold the largest […]
Ask any ordinary person what the Global Financial Crisis meant to them personally, and you are likely to hear that the value of their superannuation decreased significantly. In many countries and some parts of Australia, property values decreased also. As you work to grow your investment portfolio, whether superannuation, property, or other financial products, it’s […]