SMSF Investment Strategy Diversification Requirements

The Australian Taxation Office (ATO) has recently issued correspondence to self-managed superannuation fund (SMSF) trustees who hold greater than 90% of their assets in a particular asset category, stating that the diversification section of the Superannuation Industry (Supervision) Regulations 1994 (SIS act) must be considered.  In most cases, the asset in question is commercial and non-commercial real estate.

Whilst the ATO limited the correspondence to these trustees, it is noted that all SMSF trustees should consider diversification when formulating their investment strategy. Click here to read our latest newsletter, which outlines what all trustees need to consider in terms of their investment strategy to remain compliant.

Click here to read more – SMSF Investment Strategy Diversification Requirements

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