Become a Member
Membership
Education
Events
Resources
Tax Knowledge Exchange
About us
Contact us
  2008

Borrowing in Super Funds - Your Clients are Discussing it - Are you?

Source: Western Australia

Published Date: 1 May 2008

 
Recent amendments to the Superannuation Industry (Supervision) Act 1993 (Cth) ("SIS Act"?) allow super fund trustees to invest in certain geared investments which were previously prohibited. Initially conceived to address problems caused by instalment warrants, the new rules permit many other direct borrowing strategies by fund trustees. Potential investments include all asset classes permissible under the SIS Act, for example, real estate. This represents a paradigm shift in the regulatory attitude towards the gearing of super funds. Are you ready for the instalment warrant revolution?

Aimed at anyone who deals with Superannuation Funds, topics covered included:

  • what an instalment warrant is and why the SIS Act was amended
  • April 2008 - ATO Announcements
  • review of the different instalment warrant structures
  • relationship with other SIS limitations
  • freedoms and uncertainties in the legislation
  • gearing in super and the impact on investment strategy, cash flow and risk
  • when gearing would be inappropriate.

SMSFs and gearing

Author(s): Chris Hogan , Cindy Mcdonald
Materials from this session:

Details

  • Published On:1 May 2008
  • Took place at:City West Function Centre, Perth

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

Tags

2008

Share this page