"You won't lose a single cent contrary to your opinions."
I have already written that I know EXACTLY how much cash was returned into each of my three annuities for the tax year.
I know this cash refund comes as a consequence of my dividend imputation credits being refunded. They have been refunded year after year after year.
Yet you tell me I won't lose a cent. I was not wrong. You have no idea of how imputation works, and your sentence above (as well as your post reveals EXACTLY that. lol
I own the shares, can sell and remove them out of my annuity any time I wish and have the money paid directly into an account held in my name. When I have wanted to purchase a particular share which didn't have the approval of the advisor allocated to me, I went ahead anyway. Nearest thing to a SMSF but without the paper work.
I used to have an SMSF but closed it down in order to purchase a more expensive home. I was also tired of the red tape. I can also close down one, two, or three of these annuities whenever I wish.
