What are the setup and running costs for an SMSF?
Cost may not be the main factor when deciding whether to start your own super fund, but you need to know what the costs might be in your time as well as money.
Articles by Penny Pryor
Real DIY super: How to keep SMSF costs super low
With the cost of living front of mind, you could potentially save a lot of money by doing more of your SMSF tasks yourself, but you need to know what you’re doing.
Super news for November 2024
The Trump effect on markets, Under-18s missing out on super, Cbus slammed for claims delays, Retirement attitudes changing.
Can you be your own SMSF accountant?
One way to lower your costs as an SMSF trustee, if you have a head for numbers and infinite patience, is to lodge your SMSF accounts yourself.
Super news for October 2024
Payday super toughened, SMSFs take to pension phase, Vanguard’s $12.9 million greenwashing penalty, Tax deductible advice fees.
SMSF insights 2024: Div 296, Superstream, ETFs and more
Tim Steele, CEO of Class, talks through key insights from their 2024 Annual Benchmark report, including the potential tax liability impact of Div 296, the challenges of Superstream, how ETFs are increasing in popularity, and some of the ways that SMSF trustees differ from members of public super funds.
Super news for September 2024
Aged care reforms, Opposition to Coalition’s paid parental leave amendments, Funds urged to engage with millenials, Unpaid super surges.
How to record SMSF minutes
Recording minutes of your SMSF decisions and resolutions is not only a good habit to get into, it’s a legal requirement. Here’s how it’s done.
Super news for August 2024
Call for rethink on the family home in retirement planning, Mercer’s $11.5 million greenwashing fine, and pressure mounts for DV reform
Super news for July 2024
First tranche of financial advice reform laws passed, criminals targeting previous victims of scams, and investors continue to favour ETFs.
The small business CGT retirement exemption explained
There are two ways you can use the sale proceeds from a business to boost your super, and the CGT retirement exemption is one of them.
Quiz: Boosting your super with super contributions
Take the following 10-question quiz to test your knowledge on boosting your super with superannuation contributions.
How to wind up an SMSF
When you set up an SMSF, it’s a good idea to have an exit plan and an understanding of the winding up process.
What does SuperStream mean for my SMSF?
SuperStream is a data and payment standard for super funds that makes it much easier to collect contributions and pay rollovers – even for SMSFs.
Super news for June 2024
Active Super made misleading ESG claims, Super assets up 11.3% in 12 months, ATO urges funds to protect members against scams
Super news for May 2024
Active v passive update, Super advice fees too high, Super for housing debate, Scam losses falling.
How to add a new member to your SMSF
Now that SMSFs can have six members instead of four, here’s a refresher on the process involved in adding new members and some of the issues to weigh up.
Super news for April 2024
Financial advice reforms, SMSF trustees disqualified, Super for housing plan criticised, Australian Super’s new lifetime income product, Greenwashing conviction, Focus on super fund expenses.
