A SuperConcepts analysis of 2,450 SMSF funds has revealed why trustees typically make investments in assets that are deemed ‘exotic’.
The latest findings from the SuperConcepts SMSF Investment Patterns Survey revealed a spike in the allocation of lump sum versus pension payments in the first quarter of 2018 – a reversal of trends from previous quarters.
This report, prepared by the SMSF Centre of Excellence, investigates some behavioural factors that contribute to the asset allocation decisions of SMSFs and how they can be overcome.
Thinking of setting up or already have an SMSF? Make sure you avoid these common compliance mistakes.
SMSF trustees reacted to changes in the non-concessional contribution rules on 1 July 2017 by significantly increasing contributions to super, with much of it left in cash, at least for now.
SMSF trustees looking to take advantage of the current rules around non-concessional caps have significantly increased benefit payments, according to the latest SuperConcepts SMSF Investment Patterns Survey.
The super changes that will apply from 1 July 2017 are the most significant since 2007. With trustees making the most of the current rules while they still can, average contributions have almost tripled compared to last quarter.
SuperConcepts’ latest survey shows that with interest rates at an all-time low, SMSF trustees have increased investment in hybrid securities to boost income returns.
An EOFY checklist of 15 items, covering contributions, tax deductions, timing, tax offsets, government subsidies, pensions, PAYG benefits, valuing assets, related party transactions and rule changes.
SMSF trustees have reduced their exposure to the ASX’s top 10 stocks as they maintain their search for greater yield and capital growth in a volatile market, but they still hold 30% in cash and fixed interest.