The Age --- Page: B10 : 14 September 2007 Original article by Max Newnham
LexisNexis Summary
Self-managed superannuation funds in Australia are becoming increasingly popular, and in the small business sector as well. They are now taking up a greater market share than industry funds, with only large commercial super providers being more dominant. Among the issues investors need to be aware of are possible capital gains tax events, the effect of being both trustee and fund member on the preparation of an allocated pension, and the possible benefits of transferring shares and similar assets into the self-managed entity. Meanwhile the self-employed should be aware of the limits for deductible super contributions.
