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What’s involved in running a Self Managed Super Fund (SMSF)?

SMSFs are one of the fastest growing sectors of the superannuation industry. The Australian government wants to ensure funds are managed properly in order to

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Moving your Self Managed Super Fund (SMSF) into Pension Phase

  Moving accumulated superannuation benefits to pension phase is a common way to fund retirement income. If you have a self managed superannuation fund (SMSF),

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Introducing Bishop Collins Wealth Management

We are pleased to announce, we have formed a strategic partnership with a specialist wealth management firm, Primestock Securities Ltd AFSL No. 239180 (Prime) to offer a

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What to look out for in relation to insurance within your SMSF

SMSF’s can be a great place to hold insurance, and more importantly, the super laws require any SMSF trustee to consider the insurance needs of

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ATO Penalties

From 1 July 2014 the ATO introduced a new range of penalties which can be applied on SMSF Trustees when breaches of the superannuation rules

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Collectables – deadline looming

The deadline for SMSF trustees to ensure all collectables and personal use assets purchased before 1 July 2011 meet the current rules is fast approaching.

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2016/2017 Budget

CONCESSIONAL CONTRIBUTION CAP REDUCED TO $25,000 Effective 1 July 2017 Annual cap on concessional contributions will reduce to $25,000 for all taxpayers regardless of age.

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Compliant Collectables

Now might be a good time to review the assets held within your SMSF and make sure that your fund complies with the rules that

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Changes to Concessional Contributions

There have been recent rumblings from Canberra that the government may be looking at dropping the cap for concessional contributions from $30,000 to $20,000 in

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Binding Death Benefit Nominations

In the event of your death, do you and your partner know what happens to the relevant Self Managed Super Fund (SMSF) account balance and

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