Diversification risks to remain firmly on ATO’s radar, says SMSF expert
Given some of the significant market corrections this year, one technical expert says the ATO may send out further letters to SMSF trustees and their auditors in the near future regarding asset concentration risks in their fund.
Smarter SMSF chief executive Aaron Dunn said recent commentary from the ATO suggests that issues around diversification and asset concentration for SMSFs “remain on the ATO’s radar”.
Read more at SMSF Adviser.
