The Australian Securities and Investments Commission (ASIC) recently issued an information sheet on the costs associated with running an SMSF.

When I began publishing selfmanagedsuper Trustee News, one of the missions I set myself was to cut through the unhelpful noise reverberating around the industry about the SMSF sector.

When federal budgets are handed down, we usually pay close attention to what has been included and the implications those measures will have on our lives. But the 2015 budget was all about what wasn’t included as far as SMSFs are concerned.

Has there ever been an issue that causes as much of a conundrum for our politicians as the $1.94 trillion held in superannuation assets?

In the lead-up to December all the talk in the industry was about David Murray’s Financial System Inquiry and what the implications would be for SMSFs.

The Financial System Inquiry (FSI) is done and dusted and we now await the industry consultation process to see which of the panel’s recommendations are adopted.
For SMSFs the final report could possibly be seen as a bit of a double-edged sword.

Many individuals establish an SMSF because they like the control and flexibility it gives them over their retirement savings

My initial editorial for this publication touched on the continued attacks and criticism, the majority unsupported by fact, aimed at the SMSF secto

The cost of running an SMSF has dramatically fallen over the past few years. Two areas in particular where we’ve seen a significant drop in prices are fund administration services and auditing.