SMSF | Grange Business Partners

11

Mar

2015

Do you have the right binding death benefit nomination for your circumstances?

category: SMSF

Pension reversionary nominations and binding death benefit nominations (BDBNs) are the most common means by which a member will allocate the distribution of their self-managed superannuation fund (SMSF) death benefit. When choosing the right binding death nomination it is important to get it right. There are three types of BDBN’s and each vary according to

13

Dec

2014

SMSF or not?

category: Accounting, Business, SMSF

Recently two columnists wrote about their experience with managing their own SuperFund. Meg Heffron started her Self Managed Super Fund (SMSF) somewhat unconventionally, with a balance of just $30,000. Liam Shortz, on the other hand, started his with a balance of $200,000. Both experiences have been successful for the parties involved, however, their approaches highlight