Activity

Conor is a trustee for his SMSF. There are several members, one who is in their early 20’s and the remaining are over 55. He is reviewing his SMSF investment strategy. He has been presented with the option to invest in property with the potential for longer term pay off.

What are some of the things Conor should consider? (Select all that apply)

When weighing up the investment option, Conor should also ensure that the reason for his investment decision isn’t to provide him or anyone else a present-day, non-retirement benefit.

For more information, see investment strategies on the ATO website.

Running a self-managed super fund (SMSF)

Steps Progress

What is an SMSF?

3 mins

Your obligations when running an SMSF

1 mins

Contributions and rollovers

1 mins

Contributions

6 mins

Rollovers

6 mins

Managing your fund’s investments

36 mins

Paying super benefits

8 mins

Types of benefits

18 mins

Reporting and administration

1 mins

Understand how your fund is taxed

5 mins

Value your fund’s assets and prepare financial statements

2 mins

Arrange and receive an SMSF audit

7 mins

Lodge your SMSF annual return (SAR)

4 mins

PAYG withholding obligations

4 mins

Reporting transfer balance cap events

3 mins

Record-keeping requirements

2 mins

Notify the ATO and ASIC of changes

2 mins

Consider professional advice

2 mins

Help and more information

3 mins

Related courses

1 mins

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