Ann: Full Year Statutory Accounts, page-32

WLLM - a very sad story, along with Kevwr.

In relation to your SMSF, you should consider your options. You can revert it back to accumulation phase, crytalise your losses, and then revert back to pension phase. At least it will reset your taxable element.

I believe you have until age 70.5 to tidy all of this up, if it is a course you wish to consider.

I'm not sure closing your SMSF and taking the remaining assets back into your own name give you any advantage other than the saving of the admin costs each year.

I assume you did not have professional advice? If you did then you should consider the possibility of claim as most financial advisers would be downright negligent if they did not advise of the very high risk levels your SMSF was incurring with your strategy.

Note: I'm not a licensed financial planner and the above is not to be construed as advice. It is only to open up your thoughts as to some of the options that may be available.

Best for the future. As you are still working you we assume you are in reasonable health and that is worth a lot.