Australian super funds gorge on cryptocurrency

Current schemes encourage investors to roll their superannuation into an SMSF in order to invest in crypto-assets. The article states that this is high risk and the best practice is to seek advice from a financial adviser. – Australian super funds gorge on cryptocurrency.

SMSF COVID-19 Audit Relief Extended

The ATO has extended COVID-19 relief for SMSF trustees. The relief measures, which protect trustees from COVID-19 related contraventions of the super laws, now extend from the 2019-20, 2020-21 and 2021-22 financial years. SMSF COVID-19 Audit Relief Extended.