Key SMSF issues you should consider

 

Your fund should be set up and managed correctly to ensure the following strategies are available:

 

  • Is your fund optimised for recent changes to transitioning to retirement?
  • Does your current trust deed allow reserving strategies?
  • Does your trust deed allow advanced pension strategies?
  • Does your trust deed allow you to borrow to invest in property?
  • Does your current trust deed allow estate planning strategies?
  • Have you considered insurance or self insurance within your SMSF?
  • Does your SMSF meet all its ongoing legal and compliance requirements?

 

SMSF advice is about strategy not just investment:

 

  • Use SMSF borrowing for clients to access residential property
  • Set up multi-generational reversionary pensions with primary, spouse and grandchildren pensions
  • Binding Death Benefit Nominations may not work so a SMSF Will may be more appropriate.
  • Develop life insurance strategies and now also trauma and salary continuance within your SMSF