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Managing your own superannuation does not suit everyone but if you are one of the increasing number of Australians wanting to take control of your retirement planning, a Self Managed Superannuation Fund may be the answer.
What is a Self-Managed Superannuation Fund?
A Self Managed Superannuation Fund (SMSF), in simple terms, is a favourably taxed structure you invest in for retirement.
An SMSF is a fund established for 1 to 4 members. The members can be individuals, families or business partners who want to grow and manage their future wealth by creating their own superannuation fund.
As a trustee you will be responsible for running the fund in accordance with the laws and reporting to the Australian Taxation Office on its operations.
Is a Self Managed Superannuation Fund for me?
Just because others have decided to take control of their superannuation, it does not mean it is right for you. We are all different, our circumstances are not the same. We will evaluate the cost and benefits of a self managed superannuation fund for you.
If you want greater control over you financial future as well as potential cost savings, a Self Managed Superannuation Fund may be worth consideration.