Cautious SMSF Investors

Investors are still not rushing back into shares, managed funds or property. Many are still cautious about current trends in particular overseas markets and debt bail outs of countries such as Greece and Spain. The December SMSF Investor Intentions Index reported that the concern level for investors for SMSF Investors is 6.4 out of 10,…

Difference between Declaration of Trust & Acknowledgement of Trust

To declare a trust relationship between the asset and trustees of a self managed superannuation fund two documents can be executed.The documents are similar but you should consider your circumstances and which document you need to execute. Declaration of Trust This is used where the trustees intends to acquire the property for and on behalf…

SMSF Life Insurance

Only approximately 13% of SMSF provide life insurance, total permanent disablement (TPD) insurance and temporary disablement cover within the fund for the members. In 2012 regulation 4.09(2) announced that trustees of a SMSF are required to conduct a review of the funds investment strategy regularly and regulation regulation 4.09 (2) (e) requires the SMSF to…

ATO Declaration SMSF

Whether you are a Corporate Trustee or Individual Trustee of a SMSF you have responsibilities in running and administering the fund. With a newly established superannuation fund all new trustees are required to complete, sign and lodge a Trustee declaration with the ATO within in 21 days of becoming a trustee. This can be accomplished…