NC2019 -C6A-Related Parties: who are they? And just as importantly, who aren’t they?

Identifying the related parties of an SMSF is often quite complex given the familial, business and financial arrangements our SMSF members have with other parties. What are the rules about related parties? Who and what is included, versus excluded? At times we’re fronted with a seemingly never ending sea of relationships - at what point do you stop drilling down? And why do we care so much about SMSFs and related parties? When can an SMSF transact with a related party and what rules need to be complied with in order to do so?


CPD Hours:


Leigh Mansell SSA

Leigh heads up the Technical Services Team at Heffron and is intimately involved in developing the firm’s range of technical materials for clients. One of Leigh’s greatest attributes is her ability to make complex concepts appear simple and participants in previous training events have valued this highly. She is a Chartered Accountant with over 25 years of superannuation experience and has worked extensively in both corporate and self managed superannuation fund administration. This gives her a unique ability to advise not only on the technical issues faced by SMSF advisers but also the practical solutions she has developed and implemented