Be aware of rules when disposing of property in an SMSF
Peter Johnson, director of Advisers Digest, said the payment has to be lump sum because pension payments can't be made in specie and have to be cash. “Why can we make a lump sum in specie, but not a pension? Because under the definition of a lump sum in the SIS regulations, it says a lump sum includes an asset, but when we talk about...
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