Beating the Superman syndrome

The news for SMSF trustees without insurance in place is you're no longer invincible. You must examine having cover in place after July 1.

PORTFOLIO POINT: For very good reason, there’s a new mandatory requirement for SMSFs from July 1.

In the enthusiastic rush to start your own self-managed super fund, there are countless mistakes that can be made.

Thankfully, most of them aren’t disastrous. They are more of an annoyance.

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