Self Managed Superannuation Funds Collectables SMSF—investment in collectables and personal use assets. The regulations may prescribe rules in relation to the trustees of regulated superannuation funds that are self managed superannuation funds making, holding and realising investments involving: To Read More Click Link Below EXPOSURE DRAFT – SMSF INVESTMENT IN COLLECTABLES AND PERSONAL USE ASSETS

Setting up SMSF Investment Strategy The trustees of an SMSF are required to prepare and implement an investment strategy for the superannuation fund. The strategy must reflect the purpose and circumstances of the fund and take into account: Trustees must make sure all investment decisions are made in accordance with the documented investment strategy of […]

SMSF independent auditor’s report 2011 The Self-managed superannuation fund independent auditor’s report (NAT 11466, RTF 345KB) are instructions and a form that you should use if you: –          are an approved auditor, and –          have been appointed by a trustee of self managed superannuation (SMSF) to give a report on the operation of that fund for each […]

Guide to self-managed superannuation funds Setting up an SMSF When you set up an SMSF you become a trustee (or the director of a company that is a trustee). What it means to be a trustee A trustee is responsible for running the fund and acting in the best interests of the members. As a trustee […]

SMSF Auditor Registration On 23 June 2012 the Australian Government announced the details of the self managed superannuation funds (SMSF)  auditor registration requirements. From 31 January 2013, auditors of SMSFs will be able to apply for registration with the Australian Securities and Investments Commission (ASIC). All auditors must then be registered with ASIC by 1 July 2013 to […]