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Self Managed Super Funds (SMSF): The Pros and Cons

Weigh up if choosing a self-managed super fund is right for you.  Choosing your super fund is an important, yet complicated aspect of managing your finances. Currently, more and more people are opting for Self-Managed Super Funds (SMSF) – in fact, there are now 1.1 million Australians using this form of super fund. When deciding…

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Is SMSF (Self-Managed Superfund) Right for You?

Advivo Accountants and Advisors proudly provide expert advice about the tax advantages of superannuation and will assist you every step of the way with your Self-Managed Super Fund (SMSF).   We strongly recommend talking to an expert when it comes to your personal retirement goals.  This information does not constitute financial advice.  Any information in…

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6 Advantages of a Self-Managed Super Fund

Advivo’s experienced SMSF Accountants delve into the advantages of running a self-managed super fund.    As the name implies, a self-managed super fund (or SMSF) is a private superannuation fund that you control yourself. A sole purpose of an SMSF must be to provide retirement benefits that are unachievable from an industry superannuation membership. As…

Superannuation – What you should know

A Quick Guide on the Upcoming Changes Regarding Superannuation If you have a Self-Managed Superannuation Fund you might be aware that the rules are constantly changing. Over the past few years there have been many significant changes made and many proposed but never legislated. We have prepared a quick guide on the upcoming changes and…

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Areas of Concern for SMSF Trustees

ATO Finds Common Areas That Cause Concern For SMSF Trustees Are you the trustee of one of the approximately 577,000 SMSFs in Australia at the moment? As the SMSF sector continues to grow and the number of funds continues to increase, the workload of the ATO as the regulator increases. Instead of the rigid enforcement…

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Why is my Self Managed Superannuation Fund Audited

Understanding The Annual Audit on SMSF’s Why Is My Super Fund Audited? If you run a SMSF, it is a statutory obligation under the Superannuation Industry (Supervision) Act (SISA) and Superannuation Industry (Supervision) Regulation (SISR) that your SMSF is audited annually by an approved independent auditor. A SMSF audit involves a highly comprehensive analysis of your fund’s financial and…