The Australian Labor Party’s proposal to deny a cash refund on excess franking credits from Australian shares has very similar effects to the destructive and self-defeating consequences of the federal government’s 2017 changes to the Age Pension asset test.
Self-managed super fund (SMSF) investments refer to the range of assets that SMSF member funds are invested in. It’s a legal requirement for SMSFs to have a documented investment strategy. This investment strategy should satisfy the sole purpose test and be used to guide trustee decision-making.
Learn more about SMSF investment in the following key articles:
Set out below are all SuperGuide articles that relate to SMSF investment.