What you need to know about SMSF related party transactions
The proposed rule changes to asset transfers between DIY funds and related parties are complex and inflexible, so it's crucial to get your head around them.
Responding to the Cooper review into superannuation, the government released draft legislation earlier this year containing stricter guidelines on acquisitions and disposals of certain assets between DIY funds and related parties. The changes introduce further restrictions aimed at ensuring the integrity of these transactions by DIY fund trustees.
Read the full article: What you need to know about SMSF related party transactions (AFR Smart Investor subscription required)