SMSF conditions of release are the legal triggers that allow a member to access their superannuation benefits. Before an SMSF can pay a lump sum or start a pension, trustees must confirm that a valid condition of release has been satisfied and properly documented. The Most Common SMSF Conditions of Release Most SMSF members access […]
READ MORESMSF Investment Rules: What’s Allowed, What’s Not, and Where Trustees Get Caught
One of the most persistent misconceptions in the SMSF space is that compliance revolves around asset types. Trustees often ask whether their fund can invest in property, cryptocurrency, private companies or precious metals. The assumption is that some assets are “allowed” and others are not. In reality, SMSFs can invest in a wide range of […]
READ MORESMSF Record-Keeping Requirements: What Trustees Must Keep and How Long to Keep It
Accurate record-keeping is one of the most fundamental responsibilities of an SMSF trustee. While investment strategy and asset selection tend to receive significant attention, it is the quality of a fund’s records that most often determines how smoothly it operates from a compliance and administrative perspective. SMSF trustees are legally required to maintain records that […]
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