Blog tagged as SMSF

Key differences between Self Managed Super Funds (SMSFs), and APRA super funds (industry, govt, pvt). There are many advantages and disadvantages to running your own show, and we also delve into "wrap accounts", a handy way to sit between a self managed option and a fully regulated fund.

What is super NOT for? Great question, so let's hear some great answers from Michelle Griffiths of TAG Financial Services

We welcome back Natasha Panagis from IFPA (www.ifpa.com.au) to discuss the changes in super laws that will require bosses to pay their worker's super at the same time they pay their salary and wages. There's a 2 year transition time, so there'll be time, and there are many issues to consider.

Natasha Panagis follow up on our recent interview on the upcoming review of the new $3m super cap tax being proposed. There is still work to be done in the legislative halls of power, remembering the 2 things we shouldn't see being made ... sausages and laws.

Being educated SMSFs in the detail will help you avoid this complex area, and especially when buying property and using borrowed funds in super requires particularly detailed knowledge.