Is it possible for an SMSF to invest in digital assets such as cryptocurrency or non-fungible tokens? If so, how? The two questions we are asked by those looking for alternative investments for super funds. Can my SMSF invest in these assets? The simple answer to that is yes, but only if all of [...]
One of the benefits of establishing or opting for a SMSF is the control given over where the money is invested. It also comes with specific administrative responsibilities to keep you and your fund compliant and protected. A SMSF undoubtedly requires an ‘attention to detail’ approach. It is important to create and follow an [...]
While it is a great outcome to keep as much of your money in your super as is possible, you do need to be conscious that at some point, the remaining balance may be passed onto the next generation, potentially as a part of their inheritance, with a tax liability. When this money does [...]
The latest superannuation & SMSF news, updates and insights from Hall Chadwick. In this edition of SMSF Insights we cover: 1 Preparing your director ID 2 SMSF numbers, members and balances continues to rise 3 Update to SMSF residency rules 4 It looks like a duck, quacks like a duck, but it… [...]