Oops! Top 10 SMSF boo-boos
The ATO has published the top 10 compliance mistakes that SMSF trustees make when running their self-managed super funds. The list is based on the general type of contraventions reported by SMSF auditors since the start of contravention reporting in 2005.
SMSF providers: What should I look for when setting up my DIY super fund?
Q: I am about to set-up my SMSF but I am not sure who to handle this for me. Some are reasonably priced but I am concerned about access and professionalism as they are online only.
THE SOAPBOX: Debunking the DIY super myth
The practice of calling self-managed super funds, ‘DIY super funds’ upsets the regulator, and also concerns many of the service providers making a living from helping individuals set up, and run, self-managed super funds (SMSFs). The key message emanating from [...]
