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SMSFs

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Checking on your SMSF every day won’t make it go up, and is actually likely to result in sub-par outcomes.

With all the new tax changes, is it time to start an SMSF?

The CGT and trust changes might make self-managed super more appealing, but there are still plenty of potential pitfalls to be aware of.

  • Paul Benson

Latest

Jo Packman and her brother, James, say their family found Edwards in a newspaper ad.

This Sydney accountant is being chased for $220 million. Jo and James are still heartbroken

A months-long investigation has discovered Christopher Edwards owes clients tens of millions collectively. On Friday, ASIC moved to wind up 12 of his companies.

  • Max Maddison
Guido and Marisa Gallo.

Marisa once trusted her accountant. She’s spent two years trying to recover $900,000

ASIC alleges Christopher Edwards does not have “the judgment, skill or character to participate in the Australian financial services industry”. He denies any wrongdoing.

  • Max Maddison
Karen Hedberg fears she will not see her $3 million in superannuation.

Karen thought she had $3 million in her super. She can’t get hold of a cent

Karen Hedberg worked for 50 years. Her accountant Christopher Edwards says he has done nothing wrong.

  • Max Maddison
The reality is that an SMSF just isn’t right for most people any more.

The grim truth about self-managed super every worker needs to read

If you’ve ever thought about starting your own self-managed super fund, ASIC’s new report makes for essential – but shocking – reading.

  • Bec Wilson
SMSFs are not a golden ticket to a happy retirement. Instead, they’re often a lot of work for fewer gains.

We started an SMSF, but almost lost everything. How can we recover?

Pinning your entire retirement to the success of a single investment is extremely risky, and unwise.

  • Paul Benson
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HSBC customer Katrina Qian was targeted by scams.

Scammers stole almost $50,000 from Katrina. Her bank offered her ‘goodwill’ instead of getting it back

Many Australian scam victims are in a seemingly hopeless battle to recoup devastating losses, while federal scam reforms “sit on a shelf”.

  • Aisha Dow
There is a wide array of potential ways that you could invest this money.

We’ve just sold our $1.2m investment property. What should we do with the money?

Think first about what your objectives are when parking extra funds.

  • Paul Benson
We all make choices as to the tasks we do ourselves, versus those that we pay someone else to do.

I’m five years out from retirement. Is it worth paying for financial advice?

We all face the problem of “you don’t know what you don’t know”.

  • Paul Benson

Here’s what the average person with $3 million in super looks like

More probably male than female, almost certainly aged over 60 and probably raking in more than $100,000 a year: here’s what the 80,000 people affected by Labor’s tax plan look like.

  • Millie Muroi and Shane Wright