Your Financial Action Plan
I wanted to talk about my new course on creating wealth. The aim is to build a practical financial education course. I was concerned that several of the existing financial self-help courses depend solely on chasing the lowest cost solutions. That is not…
SMSF Adviser: Budgeting in rising inflation necessary for SMSFs
This article by Keeli Cambourne was published in the SMSF Adviser on 30th March 2023. Rising inflation must be taken into account when trustees are establishing an SMSF, says a leading financial educator. Andrew Zbik, senior financial adviser with Creation Wealth, said budgeting…
SelfManagedSuper: Shares can be turned into contributions
This article by Tia Thomas appeared in Self-Managed Super Magazine on 26th August 2021 SMSF investors wanting to make a contribution to their fund can use shares as an in-specie transfer, but have been advised to consider the impact on their tax and…
July 2020: SMSF and Super Update
Do you have a Self-Managed Super Fund? To help support you to make informed decisions regarding your SMSF, we are pleased to provide you access to our new SMSF Education Resource on our website. This resource is brought to you by the SMSF…
AdviserVoice: Costly self-managed super funds? Are they right for me?
It has been a heated month in self-managed super fund (SMSF) land. The Australian Securities and Investment Commission (ASIC) started the ball rolling with a fact sheet that stated SMSF Trustees spend on average 100 hours a year managing their SMSFs and that…
COVID-19 – Providing concessions for the LRBA in my SMSF
The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a related party loan and is impacted due to the financial effects of COVID-19, you may be able to provide your LRBA…
Morningstar: 3 common SMSF breaches and how to avoid them
Self-managed superannuation funds (SMSFs) now account for the management of almost one-third of all superannuation in Australia. They have become popular with many Australians over the last decade as an SMSF enables one to use their super towards additional strategies such as purchasing…
Morningstar: How to use your SMSF to own your business premises
By Andrew Zbik Do you own a business? How much is the lease for your business premises? Often it will be thousands of dollars you are paying each month to the landlord. What if your business were to pay its lease to a…
Smart Property Investment: Are self-managed superannuation funds causing a property bubble?
By Andrew Zbik – 30th January 2017 I recently watched another report on the TV claiming that the ability of self-managed superannuation funds to purchase residential investment property is causing a property bubble in Australia by using Limited Recourse Borrowing Arrangements (LRBAs) (or…
Morningstar: Are SMSFs causing a property bubble?
By Andrew Zbik If investing in property, SMSF trustees should have 10 years of working life left and should hold a cash buffer that amounts to six months of all property expenses. I recently watched another report on the TV claiming that the…