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smsf compliance

Brokers charge of SMSF assets = compliance issue

Some online stockbrokers' accounts require customers to charge or pledge the assets of the fund as security for the payment of any debt owed to the stockbroker. An SMSF which agrees to such a clause will be in a breach of superannuation law because SMSFs are not allowed to charge any of...
- jorgon
- Thread
- Jul 29, 2012
- Replies: 6
- Forum: Medium/Long Term Investing

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