Self-managed super investors should pay a fee for bailout insurance

The more one thinks about it, the more convincing it becomes that the 650,000 SMSFs should pay an annual levy if they want to ...
Money Management

SMSFs and insurance – what you need to know

SMSFs now have to consider the need to hold insurance cover for their members. Michael Hallinan outlines the practical implications of this change and the issues trustees must consider. Trustees of ...
Money Management

SMSFs and the tightening rules on insurance and self-insurance

So far as the current law is concerned, in its Interpretative Decision ID 2012/32 (issued on 4 May this year) the Australian Taxation Office (ATO) formed the view that allocating an amount from a fund ...