Q. Is it worth to put our coin collection into our Self-Managed Super Fund (SMSF)?

Q. My wife has built a really impressive coin collection in the recent year and the idea has always been to build further and put the collection into our Self-Managed Super fund (SMSF). I believe the rules have become very severe in this area and it may not be worth it, what do you think? […]

Can you access your Super Fund on the ground of financial hardship? If so, what are the requirements?

Q: I am trying to transfer $50,000 from my super fund to my wife. I spoke to my super fund and they advised I could split 85% of my employer’s contributions for the 2016 financial year in 2017.  This only comes to $5,908. As I am doing this due to financial hardship is there any […]

Reduction in Concessional Cap

Q:  Should I be worried about the reduction in the amount that I can put into super from 1 July 2017. I am currently age 44 and earning $140,000 per annum. I am currently focused on educating my children and repaying my mortgage. I expect to have the capacity to place funds into super in […]

5 minutes with Damian Hearn, Financial Adviser – SMSF Specialist

Q: If there was one thing you could change about the Self-Managed Super Fund sector at the moment, what would it be? A:  The one thing that I would seek to change is the area of trustee education. The lack of understanding of the super rules and regulations for SMSF trustees and how things work can […]