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SMSFs Investing Overseas

Will the recent share market volatility and steep decline in some of the Australian markets favoured stocks finally push SMSF investors overseas? In a recent article by Miranda Maxwell for The Australian, she suggests this trend could finally fuel overseas investments by SMSFs. With the total number of SMSF assets now totalling $590 billion, only $1.8bn was invested in overseas shares in the June quarter, equating to less than 1 per cent. This means that SMSFs are by and large not gaining exposure to firms such as “Apple, Google and Amazon, with their unparalleled revenue streams” and other growth areas such as “healthcare and technology on a scale unavailable locally”. The problem with not looking at overseas, is that as mentioned in our blog post [...]

By | 2017-07-07T12:16:44+00:00 September 29th, 2015|Uncategorized|

Performance of SMSFs vs. Large Super Funds

Cash is king again. That’s what The Future Fund is telling us having shifted another $5 billion into cash since March, taking its cash holdings to 20 per cent. Yet as Andrea Slattery notes in the Australian Financial Review, “there (are) no mutterings about the fund being overweight in cash” given the fund’s 15.4 per cent return to 30 June 2015. Why then, do organisations such as APRA quickly point the finger at SMSFs for having too much cash? Andrea highlights that most them have a “vested interest”, and are quick to view this as “a lack of investment acumen” from SMSF trustees. Official data from the Australian Taxation Office is at odds with these critics, as for the seven years to 30 June 2013, [...]

By | 2017-07-07T12:16:44+00:00 September 23rd, 2015|Uncategorized|

Binding Death Benefit Nomination vs Automatically Reversionary Pension

The rules around death benefits inside superannuation, particularly SMSF’s, are very complex and therefore it is vital to have clear and effective legal documents. A recent article by Daniel Butler in The Australian Financial Review reviews this topic by examining whether an Automatically Reversionary Pension (ARP) or a Binding Death Benefit Nomination (BDBN) is ultimately better for ensuring your death benefit is best distributed to your intended beneficiaries. As mentioned in our previous article Is your Binding Death Benefit Nomination valid?, it is important to ensure whatever estate planning documents you have are consistent with your trust deed. Butler highlights this by noting that most deeds “do not have a binding ARP” and therefore a BDBN is more effective as it binds the trustee. Having [...]

By | 2017-07-07T12:16:44+00:00 September 7th, 2015|Uncategorized|

Spring Newsletter

Please click on the link below to view our latest newsletter: Spring 2015 The key topics addressed are: - A look into the share market's recent volatility - The best place to stash your cash - How the great outdoors got its groove back We hope you enjoy reading it!

By | 2015-09-03T02:00:39+00:00 September 3rd, 2015|Uncategorized|