Financial Standard Comments - SMSFs warned over incapacity planning Often the risks of a self-managed super fund director becoming incapacitated are ignored, a leading lawyer has warned. https://www.financialstandard.com.au/feed/latest?story=25602053 Mon, 18 Feb 2013 15:32:03 +1100 Mon, 18 Feb 2013 15:32:03 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Peter Fysh (Effective Referral Management) With the work we are doing with accountants, we are making them aware of the need to refer their SMSF clients for additional advice that is required. Recent Legislation makes it mandatory for Trustees to ensure suitable insurance is in place, but the reality is, this is often overlooked. There have already been a number of legal actions involving Trustees where insufficient insurance was in place when events occurred. This sort of experience is something accountants would prefer not happen to their clients, hence the need to ensure the appropriate guidance is provided in respect to such additional advice.

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]]> Peter Fysh (Effective Referral Management) Mon, 18 Feb 2013 15:32:03 +1100