Top advantages of a self-managed superannuation fund

01
March

What is a SMSF retirement fund? A SMSF retirement fund is a way for people working in Australia to save up for their outstanding retirement. The usual practice is for employees to turn this type of fund into a savings plan by type they contribute with a percentage of their salary along with their employers contribution.

Self managed superannuation funds, required by law In Australia

n the year 1992, it became mandatory by law that every Australian job should have a retirement scheme in place where the employer contributes …

How Competent Is Your SMSF Trustee?

08
March

A self managed super fund has become a popular option to consider investing in but you must think carefully. Most people don’t realize that they need to have a trustee for their accounts and you must think about how competent your trustee is. Now, it might not seem all that important but actually it is. So, how competent is your SMSF trustee?

No Competency Tests

Unfortunately, in life there aren’t any real competency tests and that does also include choosing a SMSF trustee. You can choose anyone to …

How do SMSF’s Value Assets Which Have Gone Bad

08
March

SMSF has become very popular over the past few years and it is very easy to see why. However, it is an investment and one that carries risks, as all investments offer. For this reason, many aren’t too sure why or even if this is the avenue to consider but still millions do. What happens however, when an investment goes bad? How do SMSF’s value assets which have gone bad?…