Estate Planning / Professionals / SMSF

The malaise of the estate plan; there’s an elephant in the room!!

I am regularly astounded when confronted with clients with significant assets and wealth that they have no estate plan. I’m not just talking about a Will.  Yes, it is an essential ingredient of an estate plan, but it is not a total estate plan. Over the next twenty-five years, Australia will witness the greatest wealth … Continue reading »

Announcements / Professionals / SMSF / Trustee education

Cooper Super now Stronger Super – the impact for SMSFs

Santa, or should I say Minister Bill Shorten has delivered a Christmas gift a little early this year with the Government’s response to the Super System Review (Cooper Review). The government’s response, known as “Stronger Super” has provided support, or in-principle support for 139 out of 177 of the Review’s recommendations. Much of the mainstream … Continue reading »

SMSF limited recourse borrowing arrangements as financial products
Professionals / SMSF / SMSF Strategy

SMSF limited recourse borrowing arrangements as financial products

There is an undercurrent of change currently impacting SMSF limited recourse borrowing arrangements (or SMSF Instalment Warrants) and for those who will be able to advise on these arrangements moving forward. In March 2010, Minister Chris Bowen announced changes to Corporations Regulations to regulate certain borrowings by super funds as financial products. Earlier this month … Continue reading »