There is a lot of speculation and fear mongering going on about closing pre-1999 unit trusts (attached to self-managed superannuation funds (SMSFs)) before the trusts’ tenth anniversary. However, pre-1999 unit trusts are an extremely valuable animal as they have been granted significant exceptions from the in-house asset rules, which will extend beyond July 1, 2009.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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