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