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Margin loans and Super

Discussion in 'Superannuation, SMSF & Personal Insurance' started by lorrimer, 12th Jan, 2007.

  1. lorrimer

    lorrimer Well-Known Member

    Joined:
    4th Jun, 2006
    Posts:
    193
    Location:
    Brisbane, Queensland
    I'm quessing the answer to this one is going to be a definate no, however here goes.
    Is it possible to transfer your super funds into your margin loan account to reduce the LVR?
    Thanks
     
  2. coopranos

    coopranos Well-Known Member

    Joined:
    11th Oct, 2006
    Posts:
    498
    Location:
    Perth
    No.
    A Super Fund cannot borrow money, or be used as security for borrowing money.
    The assets of a Super Fund must be kept separate from the assets of the individual.
     
  3. Redwing

    Redwing Well-Known Member

    Joined:
    9th Jun, 2006
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    476
    Location:
    PERTH..WA
    I had heard that you can get gearing in Super through some funds with "Internal Gearing" though dont know much about it (is it possible through Commercial Property Trusts?)
     
  4. Nigel Ward

    Nigel Ward Team InvestEd

    Joined:
    10th Jun, 2005
    Posts:
    1,172
    that's correct or you could invest through your super in warrants with various level of internal gearing