| Hi Aris, Welcome to this week's edition of Smart Investing. Australian Taxation Office Deputy Commissioner, Emma Rosenzweig, has issued a warning to SMSF trustees that those in breach of superannuation regulations face enforcement action, including penalties and disqualification.
Our lead article highlights four SMSF breaches that are very high on the ATO's radar, as told by the Deputy Commissioner to attendees at last week's SMSF Association 2025 National Congress. Meanwhile, Warren Buffett, widely regarded as one of the world's most successful investors, has just released his 2025 letter to Berkshire Hathaway shareholders, telling them that the vast majority of their money remains in direct equities. But Buffett remains a huge advocate for index funds, which he believes are the most sensible investment for the majority of investors. Read our second article to find out why. In our third article, Vanguard's global economics team provides its latest forecasts for interest rates, inflation, employment and financial markets in Australia, the United States, China, the Euro area, the United Kingdom, emerging markets, and Canada. Lastly, thank you to those who responded to our call-out last week for people who had used the government's home downsizer measure to top up their retirement savings. If you are willing to share your story, send an email to corpcommsaustralia@vanguard.com with your contact details. |
