Miranda Brownlee writes an article for the website SMSF Adviser wherein she talks about the potential danger of bypassing laws of superannuation or taxation, especially where a relative is involved. The case which highlighted the possible threat of bending Super/taxation rules involves Payne v Commissioner of Taxation.
A Self Managed Super Fund (SMSF) is your ticket to a stable retirement. The federal government wants us to set up our own Superannuation fund and for that it is quite willing to lay various tax perks ahead of us. Some of us, however, give credibility to the myth that managing SMSF is a time-consuming process. This is far from the truth. Let us find out why the myth needs to be busted before it does any more harm. Also, let us read about that one particular way of saving our personal time and effort when managing SMSF.
What are the major traits currently being displayed by our economy? I would go for low interest rates and a flourishing property market (too heated in certain parts!). This makes blue chip shares a very welcome idea, especially for Self-managed Super funds.
Investment Trends releases its High Net Worth Investor Report each year. It sheds light on the wealthiest investors of Australia. An article on Professional Planner talks about the highlights of the report that drew responses from 2,998 millionaires (cumulatively holding $11.5bn in assets).
An article on Lawyers Weekly talks about a dedicated digital portal put up by Sterling Publishing (those who publish the Lawyers Weekly). The portal will work wonders for SMSF trustees seeking intelligence and knowledge for making the right kind of decisions pertaining to retirement investments.
An article on the website professional Planner talks about the gender gap that exists when it comes to the women trustees of the SMSF sector. The Commonwealth Bank and the SMSF Association have together released some vital data that throws light on the difference in behaviour and confidence levels of men and women SMSF trustees.
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