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As the name indicates, a self-managed superannuation fund (SMSF) is a private super fund that serves retirement benefits. The main difference of an SMSF from other super funds is that you can manage the trust as a trustee for your...
Read MoreAuditing is the last phase that needs to accomplish before submission of the self-managed superannuation fund report. At the point when you step towards taking more control of your superannuation, the law seeks you as a trustee and assumes you...
Read MoreA self-managed superannuation fund or an SMSF is a privately-owned super fund that you can manage yourself as a trustee. And in Australia, an SMSF trustee can have complete control of the overall direction of the self-funded superannuation setup. If...
Read MoreOnce you establish your self-managed superannuation fund, several tasks need to be carried out. The required number of tasks will vary from one fund to the other, depending on the circumstances. But there are particular administrative responsibilities that every SMSF...
Read MoreSuperannuation Funds are a great source of investment for people if appropriately managed. It is essential to form an SMSF deed carefully to avoid having disputes between family about the same. Planning goes a long way when it comes to...
Read MoreSuperannuation funds are a priceless asset for individuals. If planned correctly, the benefits can be immense. It is important to pre-decide nominees in case of your demise. This is a normal part of the process that has to be carefully...
Read MoreWhen you have a self-managed super fund it must be audited every year without a miss. To complete this task you must hire a professional auditor imperatively. Your auditor should be able to perform the task feasibly concerning both the...
Read MoreAn SMSF (Self-Managed Super Fund) is a fund system with the objective of providing for your retirement. Many Australian citizens are looking forward to taking control and get more involved in superannuation. If you want your funds to perform efficiently,...
Read MoreThe Australian population is now leaning towards the benefits of a Self-managed Superannuation fund. The trend is evident from the statistics available up to June 2019, where the total number of SMSFs functioning reached 581,231 which is about 15% more...
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