Self Managed Super Funds

Superannuation is a specially designed long term investment trust for retirement savings.

A Self Managed Superannuation Fund (SMSF) can offer you flexibility, control, more investment options and the potential for reduced costs. This is the reason why their popularity has increased dramatically in recent years.  A SMSF can have a maximum of 4 members.  Each member must be a Trustee of the fund and is therefore responsible for the operation of the fund.  We take great pride in offering impartial  advice based on a fee for service that you pay us.   This means the only consideration we have when giving you superannuation advice is what’s best for you now, and in the future.

The sole purpose of a Self Managed Superannuation Fund (SMSF) is to provide an income in retirement for its members. There are generous tax concessions for SMSF’s however there are plenty of rules that must be followed and if a fund is not compliant with the rules the penalties are extremely severe. (The worst case is losing 92% of the fund!)

You need to establish whether a SMSF is right for you.

In most cases the fund should have a minimum of $200,000.  We take great pride in offering professional advice based on a fee for service that you pay us.   This means the only consideration we have when giving you superannuation advice is what’s best for you now, and in the future.  A fund can have up to 4 members so that $200,000 is the balance of all members combined.  You should be willing to devote time to regularly review the investments

We help you:

  • Administer the Fund
  • Investment and Risk Strategeis
  • Prepare financial statements
  • Audit the Fund
  • Compliance and Risk Management
  • Pre and Post Retirement Strategies
  • Estate Planning
  • Insurance
  • Taxation including capital gains tax

While the set up of a self-managed superannuation fund can be quite simple, meeting the ongoing legal requirements of that fund requires the right knowledge and advice.  Whether it’s meeting ATO requirements or just completing your annual return we can help you cut through the red tape.

Call us to discuss your superannuation options including establishment of your own SMSF.