Where a member directs how their superannuation death benefits are to be paid after their death it is called a binding death nomination. It is a written direction to the trustee to pay the member’s superannuation benefits to certain dependents or LPR in proportions set out upon their death. The normal valid period for a…

One of the most common questions we as auditors get is “why should I get you to audit my superannuation fund?” Initially we respond we respond with that we are trained professionals who are registered with ASIC and have broad knowledge when it comes to the administration and operating a fund. We are required to…

Where a member directs how their superannuation death benefits are to be paid after their death it is called a binding death nomination. It is a written direction to the trustee to pay the member’s superannuation benefits to certain dependents or LPR in proportions set out upon their death. The normal valid period for a…

Recently, it has come to our attention that there are several education promoters offering courses to be held in overseas locations such as Aspen, Phuket, Bali etc. The issue at hand, can the trustee attend such a course, have a holiday at the same time as being educated about running their SMSF, then charge the…