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08 Oct 08 SMSFs and binding death benefit nominations

The ATO has highlighted the release of draft Determination SMSFD 2008/D1 entitled "Self Managed Superannuation Funds: is there any restriction in the Superannuation Industry (Supervision) Act 1993 on a fund trustee accepting from a member a binding nomination of the recipients of any benefits payable in the event of the member's death?"

For more information, go here.

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