Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREDiversification not limited to SMSF investments
SMSF trustees are able to consider investments they have in other super funds or outside super entirely when formulating an investment strategy that gives adequate regard to diversification, according to SUPERCentral.
In a recent blog post, the specialist SMSF law firm said while the ATO’s recent letter campaign had warned trustees with high concentrations in one asset class that they may not be adequately considering diversification in their investment strategy, this was not necessarily the case as trustees were not restricted to the assets in their SMSF when giving regard to diversification under SIS regulation 4.09.
Read more at SMSF Adviser.
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