SMSF investment: Stricter rules in place for artwork and other collectibles
If you hold artwork, antiques, coins, or other collectibles within your self-managed super fund, then you need to be aware of new rules coming into effect from July 2011.
SMSF investment: Where does all the DIY super money go?
Each quarter the ATO releases self-managed super fund statistics derived from annual return data. Some of the more interesting data outlines the investments that SMSF trustees choose, and how much SMSF money is invested in the different asset types.
SMSFs: Collectibles remain OK investments, say all parties
Self-managed super fund trustees who own art within their super fund, or valuable coins or antiques or any other type of collectible investment can now rest easy.
SMSF investment: Art for art’s sake
In May 2010, the Cooper Review (also known as the Super System Review) flagged that it intends to recommend that SMSFs be forbidden from investing in collectibles and personal-use assets; such as, art, jewellery, exotic cars, yachts, antiques, race horses and wine.
SMSFs: Nothing exotic or personal says Cooper review
If you run a self-managed super fund don’t be expecting to invest in anything exotic, or to get up close and personal with fund assets, based on the latest preliminary recommendations from the Super System Review (SSR).
