SMSF stands for Self-Managed Superannuation Fund. Articles in this category are for Australians running self-managed superannuation funds, covering the current issues facing SMSF trustees, setting up a SMSF, how to run a SMSF, investing your DIY super money and more.
The following articles refer to Self-managed super funds (SMSFs) and superannuation.
Q: I came across your website which looks excellent (courtesy of your feature on Sky Business). I am about to set-up my SMSF but I am not sure who to handle this for me. Some online providers are reasonably priced but I am concerned about access and professionalism as they are [...]
Q: Could you lead me to a link where I could find a generic S290-170 notice of intent to deduct? It would be great to have a generic list of forms that would assist self-managed super fund (SMSF) trustees.
Trish’s response: You can download the ‘Notice of intent to claim or vary a [...]
By 30 June 2010, a Government-appointed panel will finalise its review of Australia’s superannuation system – warts and all! Before the Review panel delivers this report however, there’s a lot of work to be done.
The panel, appointed in May 2009 (and two extra panel members appointed in August 2009), is overseeing [...]
On 10 December 2009, the Government’s Super System Review released ‘A statistical summary of self-managed superannuation funds’. Although mainly based on data as at June 2008, the document provides interesting insights into what the ‘average’ SMSF is doing in terms of fund costs, asset allocation and investment performance.
SMSFs are cheaper [...]
Q: I am attempting to work out when the 30% tax rate applies to both my wife and my own incomes for 2009/10 year. We are both 67 and operate a SMSF to which we can make concessional contributions, and I would like to reduce personal income to the point below [...]
Note: Every three months, we update this article with the latest data on superannuation funds issued by the Australian Prudential Regulation Authority (APRA). This article contains the latest data available as at 10 December 2009. We expect APRA to release further data at the end of March 2010.
Unless you work [...]
Note: Every three months or so, we update this article with the latest data on self-managed superannuation funds issued by the Australian Taxation Office. This article contains the latest data available as at 10 December 2009. The most significant trend is that the typical new SMSF trustee is becoming younger. [...]
If you read the business section of the newspapers recently, or keep track of the financial news on the television, you may have heard about the push by a few industry groups within the superannuation sector to tighten the entry requirements for self-managed super funds (SMSFs) because of the incidence of [...]
Q: Did the Self Managed Superannuation Members Association (SMSMA) ever get off the ground. I noticed it mentioned in one of Trish’s books and would be keen to find out more if it exists.
Trish’s response: Alas, the SMSMA disbanded: I heard that the SMSMA didn’t get sufficient numbers of SMSF [...]
Q: My wife and I purchased a licensed post office and freehold in 1995 from Australia Post. In addition to the licence, we acquired one title with one building (part is leased to a commercial tenant and part we use to run the post office) a freestanding shop was added in [...]
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 the SMSF industry is that you can’t possibly do it all yourself; you need professionals to [...]
When setting up your SMSF, you must sign a SMSF trustee declaration that confirms you understand the responsibilities and duties involved in running a SMSF.
Hi - I'm Trish Power and I am the author of Superannuation For Dummies and many other books on super and investing.And guess what! This site, SuperGuide, is the only INDEPENDENT website for consumers on superannuation in Australia. Read more
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