Urgent Action – Review your Insurance

By |2019-12-11T13:03:44+08:00July 1st, 2019|Categories: SMSF, Superannuation|Tags: |

A common practice in the industry is for individuals with an SMSF (primary superannuation fund) to also maintain an account with an industry or retail (APRA-regulated) superannuation fund. This secondary account holds an insurance policy on their behalf and the decision to maintain both accounts is made for two primary reasons:‌ 1. Cost – individuals [...]