SMSF Structures and Investments
Ensure that your clients’ SMSF is structured effectively, and that the structure stays effective no matter the circumstances. Examine the considerations around companies, trusts and super, understand the investment rules for SMSFs and confirm that it meets all compliance obligations. Get the latest advice directly from the experts on SMSF structures and investments to meet your client’s expectations.
Description
Attend and earn 3 CPD/ CPE hours
FASEA CPD Allocation: Estimated 3 CPD hours in Technical Competence
Chair: Louise Sarracini, Manager, Private Advisory, Grant Thornton
9.00am to 10.00am: Using Structures Effectively: A Different Look into the use of Companies, Trusts and Super
- Examine the question “Which is the right structure for my client?”
- Each entity has its own strengths and weaknesses, yet we default to one over the other, often to the detriment of our clients goals and objectives
- Using real life case studies, we will challenge your view on using companies, trusts and super, and ask you to pay more tax (and fees) to get bigger, long term benefits for your client
Presented by Chris Craggs, Director, Argurion Finance Group
10.00am to 11.00am: SMSF Investment Rules: Where can we Invest?
- ATO restrictions on investments
- Diversification and liquidity rules
- Limited Recourse Borrowing Arrangements
- Collectibles and the Sole Purpose Test
Presented by Mark Wilkinson, Partner, Superannuation, BDO
11.00am to 11.15am: Break
11.15am to 12.15pm: SMSFs Bracing for Unexpected Circumstances
The last six months have shown that we always need to prepare for the unexpected. Business failures, family or relationship breakdowns or other surprises can have serious implications for SMSFs. Understand the obligations, tax and duty issues and strategies that the fund trustee and advisors should consider in order to brace themselves for the unexpected.
- Potential SMSF compliance issues
- Trustees obligations
- SMSF advisers professional obligations
- Tax and duty issues for necessary asset restructure
- Tips and strategies for SMSF trustees to ‘brace’ for such events
Presented by Yikai Hoe, Director, Provident Lawyers
Learning Outcomes
- Have the latest guidance on SMSF audit compliance
- Get the latest on TBAR reporting
- Learn the most effective pension strategies
- Examine SMSF compliance issues and professional obligations when SMSFs face unexpected circumstances