Key Considerations for Your SMSF Investment Strategy
So your SMSF Administrator/Accountant now has to use an Independent Auditor and abruptly you are being asked for more than just the 1 page SMSF Retirement Investment Planning Strategy outline is given by the Accountant that you used to sign devoid of filling in the blanks and without taking into consideration its purpose. The motive behind an Investment strategy is required by an SMSF and also required to be reviewed regularly is that personal situations changes as do markets and economies. You need to take into consideration your investment portfolio in the light of these changes and this is a method of prompting you to do so as part of the annual review. Each year we practice a lot of market and political instability with contradictory views on where the economy is headed, foremost to a subsequent impact on share and property markets. 1) SMSF Investment Strategy Requirements According to Craig Day, Executive Manager Technical Services at Colonial First State, truste...