Bendigo Lawyers & Conveyancers
On 20 October 2015, Treasury released its response to the Murray Inquiry, including its recommendation to remove the exception to the general prohibition on direct borrowing for limited recourse borrowing arrangements by superannuation...
The Murray Inquiry released on 7 December 2014 has put SMSF trustees on notice that direct borrowing may soon be prohibited. The recommendation contradicts the previous policy move in 2007 which saw section 67A of the SIS Act...
As featured in the June edition of the Bendigo Enterprise Magazine. Sarah Gee, from our Commercial Law team at Robertson Hyetts Solicitors presented a ‘Self Managed Super Fund (SMSF) Legal Services Update’ in collaboration with the...
There are positive changes on the horizon to superannuation contributions for both employers and employees. The previous Federal Government commissioned a report, released in 2010 called Superstream; a proposal to bring the back office...
Whether you’re looking to set up or maintain a Self Managed Super Fund (SMSF), working with our SMSF team will get the job done quickly and efficiently. There are comprehensive legal requirements for Self Managed Super Funds and that’s...
More Australians than ever before are choosing to invest their retirement savings in a self-managed super fund. SMSFs remain the largest sector of the Australian superannuation industry according to the ATO, with 509,000 SMSFs holding...
In the past self managed superannuation funds (SMSF) were generally not allowed to borrow. This changed in 2007 with the implementation of instalment warrant borrowing. In June 2010 the rules were changed again and so was the name. The...
With the ageing population and issues such as dementia, consideration should be given by members of SMSF to put an enduring power of attorney (financial) in place. If a trustee/member of a SMSF is under a legal disability, a person who...
