An SMSF must hold an investment strategy as part of the requirements of the SIS Act, and it must be reviewed at least annually.

Investment Strategies and SMSF's

Recently, the ATO has provided guidance to where an investment strategy is not considered valid under the SIS Act. This includes tailoring the strategy to be specific to the SMSFs circumstances rather than a document which merely repeats the words in the legislation.

One of the key areas of responsibility for Trustees is to manage the fund’s investments. Custom Accounting is able to assist Trustees in the formulation of the investment objectives and strategy that has regard to the whole of the circumstances of the fund, and review it regularly.