The Costly Mistake SMSF Trustees Are Making – And How to Avoid it.

The Costly Mistake SMSF Trustees Are Making – And How to Avoid it.

It goes without saying that assets held by a Self-Managed Superannuation Fund need to be correctly valued and insured, but too many Trustees are not aware that failing to have an insurance policy over an asset held by the SMSF could cost them dearly in the case of an...

Insurance in Super

There has been a change to the Superannuation Regulations (SISR 1994), wherein SISR 4.09(2)(e) has been added which requires the trustees of an SMSF to consider whether any insurance cover should be retained, increased or taken out in the SMSF. As the requirement to...