SMSF

Top 5 advantages and disadvantages of self-managed super fund

SMSF is highly regulated by authorities, and they are becoming increasingly popular vehicle for people managing retirement savings due to quicker decision making, accountability, protection from creditors, having control and flexibility and investment choices. Self-managed super fund Self-managed super fund (SMSF) are Private superannuation funds. Your SMSF can have as many as six members. Other …

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What are the 3 Types of Residential Properties that can be Acquired by SMSF from Related Party?

There are numerous restrictions prescribed by SIS legislation that the Self Managed Super Fund (SMSF) should constantly comply with when doing investments. One of the most rigorous rules is that the assets of members; or a related party are prohibited from being acquired by trustees. However, there are three exceptions applied to permit this related …

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