Can a superfund use assets to pay benefits?

Current as of December 2014 If a self-managed superannuation fund (SMSF) is asset rich, but cash poor it may be able to use its assets to pay benefits to its members. The term used for a non-cash benefit payment is referred to as an “in specie benefit”. This is where a SMSF pays an entitlement to a member by transferring … Read More