Course

Self Managed Superannuation Funds Law - ATAX0440

Faculty: Australian School of Business

School: Australian School of Taxation and Business Law

Course Outline: ATAX0440 Course Outline

Campus: ATAX Campus

Career: Postgraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 2

Enrolment Requirements:

Restricted to students enrolled in Programs 9250, 9255, 9260, 9270, 9200, 9210, 9230 or 5740 or 9257 or 9231 or 5231 or 9273

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.

Description

The number of self managed superannuation funds (SMSFs) is growing at an exponential rate. This course looks at all the regulatory rules for establishing, administering and closing a SMSF.


Recommended Prior Knowledge

None

Course Objectives

On completion of this course, students should have a detailed knowledge and understanding about the legal regulation of SMSF's.

Main Topics

  • The history and background of Superannuation;
  • Growth of Superannuation;
  • Introduction of compulsory superannuation - the superannuation guarantee charge;
  • Prudential regulation - SIS;
  • Role of the Trustee;
  • Taxation of Superannuation - contributions, funds, reasonable benefit limits;
  • Eligible termination payments;
  • Superannuation guarantee charge;
  • Death and disability benefits;
  • Superannuation and divorce;
  • Member choice of Fund;
  • Investment management agreements;
  • Fund governance;
  • Licensing;
  • Distribution;
  • Members remedies;
  • ASIC powers:
  • Risk and investment:
  • Risk and retirement incomes.

Course Texts

Textbook lists for ATAX courses will be available from the UNSW Bookshop from 1 February for Semester 1 courses and from 1 July for Semester 2 courses.
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Study Levels

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