SUPERCentral is Australia's leading online SMSF Services provider to Accountants, Financial Advisers and SMSF Administrators.
News
Tips for Getting an SMSF Loan in the Lending Crisis
01/12/2008
It is now much harder to get a bank loan and the old laissez-faire attitude that has characterised loan applications during the recent financial boom won’t work any more. Loans are still available for those who put up good quality applications. So if you want to get a loan for an SMSF to purchase real estate take the time to ensure your application is put together well.The Unpleasantness at the Industry Fund Club
01/12/2008
Currently, many industry funds invest in private equity and other non-listed investments. As these investments are not listed on any market (unlike most public company shares) they are not valued on a day to day basis and have not as yet been officially exposed to the impact of reduced economic expectations and negative forecasts.Unnecessary Accounts
01/12/2008
The Senator quotes the figure that there are 31.7 million super accounts for 11.4 million adults with 6.4 million accounts being considered “lostâ€ÂÂÂ.Lost Accounts
01/12/2008
A lost account is simply a super account in respect of which the trustees have lost contact with the member.Super Fees
01/12/2008
The Senator has rightly identified the level of fees as a significant issue for super. The Senator has used the example that if fees are 200 basis points – rather than 100 basis points – this difference could over 30 years reduce the final return by up to 20%.