Monthly Archives: September 2019

Can My SMSF Invest In Gold and Silver Bullion

Can my SMSF invest in gold and silver bullion?

Yes – your SMSF can invest in gold and silver bullion and other precious metals as part of your investment strategy however there are a number of rules that you must comply with. Importantly, an SMSF investment in gold or silver bullion valued entirely on the spot price of the precious metal.

ATO Letter Is your SMSF investment strategy meeting diversification requirements

Is your SMSF investment strategy meeting diversification requirements

The ATO has sent a letter titled ‘Is your SMSF investment strategy meeting diversification requirements’ to 17,700 SMSF trustees highlighting concerns with the lack of diversification and threatening an administrative penalty of $4,200 may be payable if your SMSF fails to meeting the diversification requirements under the relevant superannuation laws.