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Recent DIY Super Questions

Is UBank safe for my money?

I have been looking for a higher interest account for my SMSF. The best I found was Ubank at 5.6% online account. Can I do better with my cash and is UBank a safe bank for my money?


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Can a temporary resident run an SMSF?

My wife and I are expats of four years and our super is in a generic scheme. We would like to open up an SMSF, but our accountants keep telling us that we cannot because it contravenes being an expat and may have tax implications. We are bono fide expats with no immediate plans to return. All we wish to do is manage our own investments. Can I set up an SMSF?


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Heritage Bank bonds

What are your thoughts on Heritage Bank Ltd’s bonds? Are these investments with the Bank covered by the Government’s guarantee of up to $250K?


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