Don't forget that exit strategyBY MICHAEL HARKIN | VOLUME 8, ISSUE 2With the rush to purchase property via their SMSF, turstees are overlooking what will happen should they become disabled or die. Get articles like this delivered to your email - Sign up for the free weekly newsletter More Articles |
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Cover Story
Passing the baton
LIAM ROCHE
ADVICE ASSOCIATE
EUREKA WHITTAKER MACNAUGHT PTY LTD
ADVICE ASSOCIATE
EUREKA WHITTAKER MACNAUGHT PTY LTD
Liam Roche's experience in customer relationships and paraplanning has set him up for success as a financial adviser. Now undertaking the Professional Year, the advice associate at Eureka Whittaker Macnaught tells Karren Vergara how a new breed of advisers is flying the flag.
If there isn't a way of paying out the loan the whole thing falls apart even between husband and wife as the survivor can't elect to receive the death benefit as a pension as pension assets can't contain borrowings.
Peter from Dominion - Can you please advise what the regulation is that states that "a survivor can't elect to receive the death benefit as a pension as pension assets can't contain borrowings"
If there isn't a way of paying out the loan the whole thing falls apart even between husband and wife as the survivor can't elect to receive the death benefit as a pension as pension assets can't contain borrowings.
Peter from Dominion - Can you please advise what the regulation is that states that "a survivor can't elect to receive the death benefit as a pension as pension assets can't contain borrowings"