Self Managed Superannuation

 
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Establishing and running a self-managed super fund (SMSF) comes with great advantages like more control and flexibility over your investments, future income streams, significant tax benefits as well as a vehicle for owning insurance policies.  It also creates additional responsibilities like ensuring you are complying with reporting obligations and industry regulations, and potentially having to defend disputes.

We can help

Our SMSF specialists are experienced in all aspects of establishing and running SMSFs. We work with a broad range of clients from some of Australia’s largest family groups, high net worth individuals as well as small business owners, young families and people moving towards retirement. We regularly liaise with regulators on behalf of our clients.

Collaborative approach

We are part of a larger team of private client advisers with extensive experience across estate and succession planning and all aspects of personal wealth management. Our experience gives us practical insight into the issues, concerns and needs that arise at different stages of life.

Our expertise

We advise on an all aspects of establishing and managing SMSFs including:

  • The establishment, operation, and structuring;
  • Compliance and regulatory matters;
  • Contribution and benefit payment strategies;
  • Pension strategies, including the commencement and administration of pensions;
  • Tax issues, including liaising with the Australian Taxation Office regarding disputed assessments;
  • Enforcement action by the Australian Taxation Office, including penalties and disqualification of trustees;
  • Investments, including the acquisition and disposal of property, structuring, borrowing, and regulatory issues;
  • Matters arising at audit and the rectification of errors;
  • Self managed superannuation fund disputes at the Supreme Court;
  • AFCA disputes;
  • Family law issues affecting the superannuation entitlements of members;
  • Succession issues and planning for the disposition of death benefits;
  • Death benefits; and
  • Insurance.

Key contacts

William specialises in helping clients work through their personal and business succession planning and achieve their goals.

Sam is a private clients lawyer whose practice focuses on estate and succession planning, with extensive experience in smsfs.

Adam is an experienced tax lawyer, advising on a range of matters, including Division 7A, CGT and corporate restructuring.

Related thinking

Superannuation| 05 Aug 2022

Financial Services in Focus – Issue 70

In this edition, we consider exposure draft legislation to adjust how faith-based super products are treated under the annual performance test, and much more.

Superannuation| 20 Jul 2022

Financial Services in Focus – Issue 69

In this edition, we consider new financial requirements for directors of CCIVs, updated guidance from AUSTRAC on transaction reporting, and much more.

Self Managed Superannuation| 05 Jul 2022

SMSFs in estate planning: takeaways for inheritance disputes

Recent cases involving superannuation death benefit nominations provide a timely reminder that SMSFs continue to be at risk of dispute.

Superannuation| 28 Jun 2022

High Court confirms what we already know about SMSF BDBNs

The High Court decision in Hill v Zuda is also a good reminder that the key aspect of an effective BDBN is complying with the terms of the SMSF deed.