- why you should set up and run your own fund
- investment options and strategies
- taxation tips and traps in running your fund
- accessing your retirement savings as pension
This book is full of information for investors setting up or already running an SMSF, and professionals who provide superannuation and retirement planning advice to clients with SMSFs.
Table of Contents
Introduction xviiOutline of this handbook xix
About the authors xxi
PART I INTRODUCTION TO SELF MANAGING SUPERANNUATION
1 Controlling your own superannuation 3
2 Investment and taxation benefi ts of superannuation 23
3 Self managed superannuation funds versus fund managers 33
4 The self managed superannuation fund a separate entity 43
PART II STARTING AND MANAGING A SELF MANAGED SUPERANNUATION FUND
5 How to get a self managed superannuation fund started 51
6 Complying with legal requirements and restrictions 69
7 Continuing administration 85
8 Superannuation contributions 95
9 Retiring with superannuation 109
PART III UNIVERSAL INVESTMENT CONCEPTS
10 Investing the fund s capital 121
11 Sharemarket investments 131
12 Direct property investments 139
13 Interest–bearing investments 151
14 Other investments 159
PART IV INVESTMENT MANAGEMENT OF SELF MANAGED SUPERANNUATION FUNDS
15 Setting up an investment strategy for the fund 167
16 Balancing superannuation and personal investment portfolios 173
17 Allocation of capital to different investment areas 179
18 Effective management of investments 183
19 Investment information and advice 193
Appendix: Maximum tax deductions and reasonable benefit limits for 2006 07 201
Maximum deductible contributions 201
Tax deduction for self–employed people and ′unsupported′ members 201
Reasonable benefi t limits (RBLs) 202
Index 203
