DIY super schemes put on notice

Article Abstract:

The Australian Taxation Office is looking at those who are investing in do-it-yourself superannuation, or retirement, funds. The money in such funds is not to be used for anything other than retirement according to Federal Treasurer Peter Costello. In July 1999 the Insurance and Superannuation Commission will no longer be the regulator for the DIY super funds. Regulation will be in the hands of the tax office and new investment rules will apply.

Planning, Laws, regulations and rules, Pensions, Australia. Australian Taxation Office

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Get active in a stagnant market

Article Abstract:

Active investors use derivative strategies to make money in an uncertain market. The familiarity with exchange traded options and warrants are the major strategic approach adopted by most of share investors.

Investors, Strategic aspects

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You may be in for a super surprise

Article Abstract:

Most members of DIY funds pertained to other super funds. The higher balances suggest that DIY members can gain more if they are aware how the DIY super fund works.

Evaluation, Stock funds, Capital gains

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