Master the complexities of SMSF loans and LRBAs. Navigate compliance, avoid pitfalls, and confidently manage related party dealings to safeguard your fund's future.
Unlock the complexities of Self-Managed Superannuation Fund (SMSF) loans and Limited Recourse Borrowing Arrangements (LRBAs) with this essential course, "SMSF Loans & LRBAs: What You Can (and Can't) Do." Gain crucial insights into the legal framework, practical applications, and potential pitfalls to ensure robust compliance and strategic financial planning for your clients.
This course dives deep into critical areas, providing a comprehensive understanding of when and how SMSFs can engage in lending and borrowing activities. You'll learn to navigate the intricate rules of the SIS Act and ATO regulations, transform dry legislation into actionable checklists, and avoid common compliance breaches.
Key learning outcomes include:
From formal loan agreements and trustee resolutions to understanding the sole purpose test and in-house asset rules, this course equips you with the knowledge to provide sound advice and ensure your clients' SMSFs operate within stringent regulatory boundaries. Whether it's managing temporary funding, dealing with post-acquisition improvements, or setting up compliant unit trusts, you'll gain the confidence to handle even the most intricate scenarios. Avoid the 'Gnarly Trap' of non-arm's length income and improper Bare Trusts, and learn how to proactively engage with clients to safeguard their investments. By the end of this course, you'll be adept at identifying risks, implementing best practices, and ensuring continuous compliance, positioning yourself as a trusted advisor in the SMSF landscape.
Senior Financial Planner specialising in Retirement Planning, SMSF and Aged Care Advice
● Commenced my career as a Geophysicist in the oil exploration industry, spending several years working in Africa, the Middle East, Europe and the United States, prior to moving to the Financial Services industry in Australia in late 1987. ● Prior to emigrating to Australia permanently (I spent 2 years in Australia on a temporary working visa prior to this), assisted in the listing of a company on the second board of the London Stock Exchange. This followed the “Big Bang” event that occurred in financial markets in the mid 1980’s. ● Witnessed enormous changes in the financial services arena since 1987; my experience including not only the provision of holistic, personal financial planning advice, but business development and practice management. ● Instrumental in developing systems & processes with several financial planning firms. ● Worked with Bridges Financial Services in Adelaide up until late 2020, where I continued to use my previous experience in financial planning software training & development. I was also involved in the development of the overall strategic marketing plan for the Bridges business here. ● Established Ellastone Financial Planning in March 2021. Offering a bespoke financial planning service that caters for lifestyle issues through a professional business network, as well as financial goals & objectives.
