Author Archives: SuperBenefitnews

About SuperBenefitnews

Self-Managed Superannuation Service Providers in Australia. SuperBenefit provides a wholistic SMSF assistance, education and administration service continuum - 1. “assistance” is help of whatsoever nature where our overall SMSF experience and knowledge enables us to provide assistance/help without any legal (or “license”) limitations. 2. “education” involves providing knowledge through teaching, coaching and mentoring about all matters SMSF, including (but not limited to) investment issues such as equities and property, 3. “administration” encompasses all admin aspects of legally required SMSF trustee and member record keeping including (but not limited to) audit and ATO matters. In keeping with our key point that SuperBenefit does not provide Financial Advice, where issues arise from 1, 2, and/or 3 above Indicate a need for a legally authorized provider (such as a Financial Adviser) and the client does not have their own service provider, the client can utilize SuperBenefit’s ‘Connect Assist’ … SuperBenefit, in itself, does not provide Financial Advice, but it does provide the wherewithal for great SMSF service. WE do not provide Financial Advice or any other service that requires a legally authorized provider. However, where such advice or service is required we have our ‘Connect Assist’, a SuperBenefit resource we use to connect clients to a Licensed Advisor or other legally authorised service provider. Call us 0407 361 596, no obligation FREE Connection call to see how we can help you!

Masterclass SMSF – What you can and can’t do when borrowing in SMSF (LRBA)

Bryan Ashenden at Money Mangement writes about the can’s and cant’s of borrowing in SMSF- One of the investment opportunities available to self-managed superannuation fund (SMSF) trustees is the ability to purchase an asset using borrowed funds. From the original Instalment … Continue reading

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CASE STUDY – Kate & Roger – Doing the best in the last 15 yrs and preparing for Retirement

Kate and Roger were hard workers – one in a management position in public service, the other in a good company. They wanted to retire in 15 years if possible and knew they needed to plan quickly for retirement to … Continue reading

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MASTERCLASS Investment – What is Return on Equity (ROE) – What is a good Return on Equity?

The Return on Equity (ROE) of a company especially when compared to it’s industry average, is a common ratio investors use to evaluate a stock. What is return on equity? From the Balance Sheet, we have learned that Equity is … Continue reading

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Basics about Super – How does Superannuation work in Australia?

The Australian Superannuation system is a long term savings arrangement by the Australian Government to save for your retirement, and help ensure Australians have enough income in retirement. Super money is predominantly paid in by employers, the self-employed for themselves, … Continue reading

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Masterclass SMSF – Winding up and SMSF – Reasons and what steps are required

Many reasons can lead to a decision to close or wind-up your SMSF – but if a change of trustee is the issue, there may be strategies you can apply to keep the SMSF running, as we wrote HERE. However … Continue reading

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Masterclass SMSF – Insurance in super – What is allowed and what is not – and how you access it

Part of the Trustee compliance responsibilities include consideration of holding insurance in SMSF but need to know what is possible and what is not (section 4.09 (2(e)) Superannuation Industry (Supervision) Regulations 1994). However trustees are not compelled to take it … Continue reading

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CASE STUDY – Paul & Paula – Supporting Elderly Mother and Preparing for Retirement

Paul and Paula had her elderly mother living with them so they could provide the best care they could. He also had his consultancy, and Paula worked part-time around her mother. They knew they needed to plan quickly for retirement … Continue reading

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