Investment

smsf diversification strategy ato

SMSF Diversification Strategy – are you on top of your obligations?

Are you questioning your obligations and requirements aligning with your SMSF diversification strategy? The Australian Taxation Office has recently mailed around 17,000 SMSF trustees with a ‘please explain’ letter. The target was a batch of funds that have more than 90% of their assets in a single asset class.

In many uninformed sectors of the media there was a tendency to report the issue in such a way that implied that having a single asset,

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.

Is your SMSF adequately diversified?

SMSF trustees need to truly understand diversification and better diversify their portfolios.

The benefits of a well-diversified portfolio are numerous but the key ones that SMSF trustees should focus on are the benefits of mitigating volatility and short-term downside investment risks, preserving capital and the long-run benefits of higher overall returns.

Property Marketing update July 2017 (1)

Property Market Update July 2017

The property market, you will probably know that we don’t often comment on residential property. Due to it being such a heterogeneous asset class (the opposite to homogenous) there are pockets performing differently everywhere. However, given that most of us will have some exposure, we have included some observations from SQM Research to update you on the broader market.

Financial Market Update July 2017

After a big sell-off in May, (-4.01%) the S&P/ASX200 Accumulation index managed a small gain of 0.17% for the month of June.

That was better though than Global markets, where the MSCI World index (in Aust Dollars) lost 2.54% for the month.

Bond markets sold off during June as interest rates rose,

Can an SMSF have a ‘pot of gold’ as an investment

Can an SMSF have a ‘pot of gold’ as an investment?

Whether it’s for diversifying the investment pool or even for the trustees fearing the next financial ‘doomsday’ event, a common question we get asked at Superfund Partners is “can an SMSF buy gold? And are there any rules we need to be aware of?”.

In short,

3 money apps for millenials

3 money apps for Millennials

Don’t let the title fool you, even if you are not a Millennial you may benefit from these fantastic apps. These tools could help you save for your first home, new car or your next holiday adventure. But most importantly, they can help you build your wealth which seems to be an area that millennials are struggling with the most.

ATO issues further guidance on Related Party borrowing LRBAs

ATO issues further guidance on related party borrowing (LRBAs)

On issuance of the Practical Guidance in June this year for related party borrowings, the ATO acknowledged that further information was needed.

Recently, the ATO released Tax Determination 2016/16 which dealt with the subject of when a limited recourse borrowing arrangement has not been entered into on arm’s length terms.

pension cap superfund partners

Proposed $1.6m pension cap not all bad news

Effective from July 1, 2017, the government intends to place a $1.6 million cap on the amount of superannuation that you can retain in, or transfer to, a super pension account. The government released an exposure draft of the proposed legislation for this measure on 27 September 2016. Final legislation is expected to be passed before the end of 2016.

Superfund Partners - SMSF Administrator SMSF Admin Self Managed Super Fund Admin SMSF Specialist - Federal Budget 2016 Changes to Super

What a Super Budget – Superannuation changes in the Federal Budget 2016

 

Well, I can’t say that this year’s budget was my favourite, which I’m sure is a shared sentiment among a lot of our clients. Whilst I still believe that Superannuation is a great space and retains a high degree of tax advantages, there are some changes on the table that will affect quite a few people.