SMSF: Understanding invalidity and SMSFs

In this episode of the SMSF Adviser Show, hosts Keith Ford and Aaron Dunn are joined by Craig Day, head of technical services at Colonial First State, to discuss the nuances surrounding invalidity for SMSF trustees and members.   Day breaks down some of the positives and negatives of holding TPD insurance within an SMSF and explains what advisers who may be recommending their clients go down this path need to understand.   Listen as they discuss: • The most pressing considerations around invalidity and SMSFs. • Why it is important to understand the compliance rules related to SMSFs and insurance. • The role of beneficiaries in the context of recent legal challenges relating to spouses and de facto relationships.