superannuation

Blog

March 1, 2017

A little trust can pay a big dividend in super

The Australian superannuation system has many fine qualities, but if you were asked to rate it on the basis of trust – on a score of 1 to 10 – what would you give it? Trust is a simple but elusive concept to measure. Are we talking about trust in: The government regulatory and policy settings? The institutions that manage the more than $2 trillion in assets? The financial advisers who support the fund members? Is trust even important? The super guarantee system is mandatory for Australian workers, who cannot opt out of the 9.5 per cent contribution to super […]
July 2, 2015

A New (Financial) Year’s Resolution For Your SMSF

One of the most fundamental provisions in superannuation law, the in-house asset rule, is also one of the easiest for SMSF trustees to unintentionally breach. Under the in-house asset rule, SMSFs are generally prohibited from making loans, providing leases or having investments with related parties and entities that exceed five per cent of a fund’s total asset value. The few exceptions to the in-house asset rule include business real estate. Significantly, SMSF trustees are prohibited from providing any loans or financial assistance to members or their relatives – even if the transaction does not result in exceeding the 5 per […]