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Tag: Trustees

Super pension shift can make tax sense

PORTFOLIO POINT: Considering how to protect recent gains? Some trustees might benefit from a shift to a super pension. Stock markets seem to be getting choppy, following a largely stellar run since the middle of last year. After months of gradual rises, the last few weeks has seen daily movements turn jittery again. A big […]

ATO upgrades its DIY super weaponry

PORTFOLIO POINT: New, and broader, penalties for naughty SMSF trustees arrive on July 1. Why is this a good thing Who’s been a naughty boy then? The arsenal available to the Tax Office to punish wayward self-managed super fund trustees is to be expanded. And the broader weaponry makes more sense. Dare I say it, […]

Has superannuation become a good vehicle to invest in residential real estate? Why or why not?

Jennifer Hawkins looks good in anything, right? But how much hotter is she in a swimsuit? Similarly, residential property has always looked sexy in super. Super, like a bathing cozzie, is a skimpy tax environment. Recent superannuation rule changes have put property in a bikini. Now, it’s smokin’ hot! The hottest super model of the […]

Four joint-venture options for your DIY fund

PORTFOLIO POINT: One joint-venture property opportunity, four distinct funding options. If you’ve considered JV property investments in your SMSF, you must read this. Purchasing property inside SMSFs is on the rise. You’ve only got to listen to real estate agents openly talking about how many trustees are signing on the dotted line. There can be […]

Are you good enough to run your SMSF?

PORTFOLIO POINT: How good/bad was your performance as SMSF investment manager last year? The number to beat was 3.35%. Maybe, just maybe, if the Australian market hadn’t crapped out in the last two months of the financial year, SMSF trustees would all have a little more spring in their step. As Australian shares are generally […]

It’s hard work building up assets, so what are some good ways to protect yours from relationship breakdowns or business failures?

How pointless would a new business/relationship be if those starting the baby up weren’t wearing rose-coloured glasses? Doomed. As much chance of survival as the first slab of beer on a boys’ weekend. However, pure optimism won’t save everything. And given most ventures, personal and business, fall over, Gen Xers need to be realistic about […]

Beating the superman syndrome

PORTFOLIO POINT: For very good reason, there’s a new mandatory requirement for SMSFs from July 1. In the enthusiastic rush to start your own self-managed super fund, there are countless mistakes that can be made. Thankfully, most of them aren’t disastrous. More of an annoyance. Messing up ABN and TFN documents, choosing the wrong type […]

Risk reduction takes hold

PORTFOLIO POINT: The primary investment driver of SMSF trustees has changed. Has it taken hold of you? Some shifts in direction are subtle, like a cruise liner slowly changing its course. Some are not. Like a politician back-pedalling on a broken election promise. There was something you, as SMSF trustees, underwent last year that would […]

Managing contributions

PORTFOLIO POINT: Here’s another major benefit of SMSFs – managing contributions over two years. The power of super as a retirement vehicle has plenty of boundaries. There are plenty of brakes stopping you getting money in, for a start. But there are a few boundaries that are allowed to be pushed a little further to […]

Countdown to 30 June

PORTFOLIO POINT: The countdown to 30 June has started. Here’s your SMSF preparation checklist to make the most of this year. While superannuation isn’t a race, there are aspects of it that take on great urgency at times. And, for those who run their own SMSF, that’s especially true. Leaving everything to the last minute […]