SMSFs using unit trusts should how the underlying assets are protected as limited liability does not automatically apply to unit holders unless dictated in trust documents.

The key to an effective deferred allocation strategy is understanding what is required of a fund at the time of making a contribution and allocating a contribution, a technical expert says.

The ability to retain key assets within an SMSF upon the death of a member can be assisted through the use of a withdrawal and recontribution strategy, a technical manager has said.

Possible indexation changes to the transfer balance cap later this year will create an irregular schedule of changes to contribution caps that may affect bring forward strategies.

A specialist adviser has suggested employing a withdrawal and recontribution strategy can help SMSF trustees lower their legislative risk.