To ensure that self- managed superannuation funds (SMSFs) that held collectables and personal use assets prior to July 1, 2011, have time to comply with the new rules, a five-year transition period applies. SMSFs which held collectables and personal use assets (now defined as a “section 62A item”) as at June 30, 2011, will have until June 30, 2016 to comply with the new rules.
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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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