Built by leading SMSF specialist, Aaron Dunn, CEO & Co-founder of Smarter SMSF, the SMSF Foundations Course provides you with a fundamental level of knowledge regarding the operation & management of self-managed super funds.
The course is comprised of six modules: (Approx 10 hours)
Module 1 - Introduction to Super, SMSFs & the SMSF lifecycle
Module 2 - Contributing to an SMSF
Module 2 - Investing in an SMSF
Module 4 - SMSF reporting requirements.
Module 5 - Accessing super.
Module 6 - Ending the SMSF lifecycle
On successful completion of the course, you should be able to:
- Identify the different types of superannuation funds that exist and list the advantages and disadvantages of SMSFs.
- Explain the requirements to operate an SMSF, including the trustee structure, requirements of the trust deed and a trustee’s responsibilities.
- Outline the key requirements of trustees preparing and maintaining a fund’s investment strategy.
- Explain the different types of contributions that can be made into superannuation and the limitation in making contributions.
- Explain the investment restrictions imposed on how a trustee can invest within a SMSF.
- Outline the different types of pensions that can be paid from a SMSF and how benefits can generally be paid to a fund member.
- Describe the taxation issues specific to SMSFs, including the different tax rates and exemptions that apply within a fund.
- Explain the different statutory requirements that a trustee must adhere to in running a SMSF.
- Analyse and explain how super death benefits are planned for and paid from within a SMSF.
