March 2022 Newsletter

Welcome to March 2022. This month we dive into an overview of self-managed super funds (SMSF) trustee responsibility, eligibility, and structure types. As at 30 June 2021, there were over 598,000 SMSFs and over 1.115 million members of SMSFs in Australia.

While the above figures suggest an SMSF is a popular choice for some, it may not be appropriate for everyone. In terms of setting up an SMSF, there are a number of steps involved—several of which centre on trusteeship. Read the full overview below.

Kind Regards,

The team at Bellwether Financial Group

Newsletter Articles

SMSFs: Individual trustee vs. corporate trustee

At 30 June 2021, 65% of all SMSFs had a corporate trustee structure—instead of individual trustee. In this article, we discuss SMSF trustee responsibility, eligibility, and structure types.

The 2021 HILDA Survey: Retirement trends

The Household, Income and Labour Dynamics in Australia (HILDA) Survey collects information on many aspects of life. In this article, we explore retirement trends highlighted in the 2021 HILDA Survey.

Small business CGT concessions

If considering the sale of business assets, you may be eligible for CGT concessions, which could help with any associated capital gain. In this animation, we illustrate small business CGT concessions.

Jargon buster: Personal insurance edition

In the finance industry, there can be a considerable amount of jargon. In this article, we help clarify some of the commonly used jargon within the personal insurance space.

ABC News: Home loans and interest rate considerations

On 1 February 2022, the RBA made the decision to maintain the cash rate target at 10 basis points. In this ABC News video, Alan Kohler discusses his thoughts on home loans and interest rates.

Vanessa Stoykov: 5 questions that could save you thousands

Vanessa Stoykov is a renowned Australian money educator. In this special financial education piece, Vanessa shares five simple questions worth asking yourself that could very well save you thousands.