Technically Speaking: Dealing with insurance proceeds in an SMSF

  • Technically Speaking
  • Death benefits, Investment standards

Our latest Technically Speaking bulletin seeks to unlock the complexities of dealing with insurance proceeds within an SMSF.

This bulletin provides a detailed overview of how insurance proceeds should be managed within SMSFs by demystifying the process for allocating insurance payouts to member accounts, and the tax treatment of these proceeds.

The bulletin also outlines the relevant conditions of release, and the impact on tax components for both accumulation and pension interests.

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The contents of this resource are taken to be correct at the time of publication.

Earn your CPD:

  1. Either read the Technical Paper or watch the Webinar to understand the content
  2. Complete and pass the quiz to receive CPD
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Complimentary CPD available for Technically Speaking

1.5 CPD hours for bulletin OR webinar, subject to passing quiz.

The SMSF Association Technically Speaking is worth 1.5 CPD hours (SMSF Association accredited) and 1.5 legislated CPD hours under the Regulatory Compliance & Consumer Protection, Technical Competence and Tax Financial Advice categories.

Complete the quiz located at the end of your reading and achieve a score of 70% or more (7/10) to be awarded your CPD hours.

Disclaimer: Technical Papers contain factual information only and are prepared without considering particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. The information contained in this document does not constitute advice given by the SMSF Association to you. If you rely on this information yourself or to provide advice to other persons, then you do so at your own risk. The SMSF Association is not licensed to provide financial product advice, legal advice or taxation advice. We recommend that you seek appropriate professional advice before relying upon the information in this technical paper. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this paper is not considered financial advice for the purposes of the Corporations Act 2001. © SMSF Association