SMSF Alert: September 2015

Key Points Tax Office tracks related party life insurance The emotional hurdles of risk cover Is your SMSF better than average? Trustees scratch their heads when it comes to investing Nothing cosy about related party risk deals Life insurance is never a hot topic at the dinner table but within self-managed super funds (SMSFs) it's barely discussed at all. The government’s Cooper Report in 2008 found only 13 per cent of SMSFs had some form of life cover. Members of most regular super funds have life cover and may not even realise it. Their policies are negotiated in bulk...

Life insurance is never a hot topic at the dinner table but within self-managed super funds (SMSFs) it's barely discussed at all. The government’s Cooper Report in 2008 found only 13 per cent of SMSFs had some form of life cover.

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