A self managed super fund (SMSF) is a type of superannuation scheme that is set up to provide retirement income for the members of that fund. An SMSF is a trust where the beneficiaries are also the members.

Whilst Self-Managed Superannuation Funds (SMSF’s) aren’t suitable for everyone, they have become increasingly popular over the last ten years or so for the following reasons:

  • Increased level of control. You are able to have a much higher level of involvement with investment selection than is commonly the case with retail and industry superannuation funds.
  • The option to invest directly in residential and/or commercial property.
  • The possibility of leveraging a portion of your existing Superannuation balance to borrow funds to invest in direct property.
  • The potential to reduce the cost of managing your Superannuation, depending on the underlying investments. 
  • The option to reduce the compliance burden by appointing a corporate trustee.
  • A tax effective way of building assets to fund your retirement.

We are able to offer a complimentary assessment of your suitability for a SMSF and provide further detailed information on your obligations as a trustee, the assets you are able to hold within the fund as well as the likely costs.

Contact us today via our online enquiry form to find out if a SMSF is the right thing for you.

Contact us today.

The information provided on this website is general information only and does not constitute personal advice. It has been prepared without taking into account any of your individual objectives or needs. Before acting on this information you should consider its appropriateness, having regard to your own objectives, financial situation and needs. You should read the relevant product disclosure statements and seek personal advice from a qualified financial adviser. This is not considered tax advice and you should seek advice from a qualified specialist.
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