Whilst Government policy and legislation still allows for borrowing by superannuation funds to purchase assets, from a practical point of view it is becoming harder for trustees to source funds from the lending institutions (primarily
The ATO and SMSF Audits
The incentive of increased control has been one of the main factors in the growth of self-managed superannuation funds (SMSF). However, as a trustee of a SMSF, control comes with increased responsibility. Since 1 July 2014 the new ATO penalty
Self Managed Super Funds – Who takes charge when you die?
If you have your own SMSF you are both a member and a trustee (either individually or as a director of the trustee company). Individual Trustee In this instance your Personal Legal Representative (PLR)takes your place as trustee alongside the