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Self-managed Superfunds

What is a Self-Managed Superannuation Fund and what is all the fuss about with them?

Superannuation has been around for a long time now, but still a lot of people just simply don’t understand it and that’s not surprising because it is never explained in simple easy to understand terminology.

Put simply superannuation in Australia refers to the monetary arrangements people make now to have funds available for themselves in retirement. It is a fairly straight-forward concept.

A lot of people prefer to have their Superannuation Contributions put straight into an Industry or Retail Superannuation Fund and have the Fund Managers of these Superannuation Funds make the decisions as to where their money will be invested. Essentially they are at the mercy of other peoples decisions.

Other people on the other hand want to have control over how their Superannuation Contributions are invested, so they take things into their own hands and set-up a Self-Managed Superannuation Fund or SMSF as they are commonly known and set about investing the funds themselves.

However, with great powers and control over your Superannuation Funds there also comes great responsibilities and this is not to be taken lightly. The sole purpose after all of a Self-Managed Superannuation Fund is to provide retirement benefits for its members and this needs to be kept uppermost in mind when investment decisions for the Superannuation Fund are being made.

If you are thinking of setting one up then you need to talk to us first as this just happens to be one of our specialty areas and with our expert help we can guide you on your way to financial prosperity.

We will explain things clearly and concisely and help you determine whether or not this is the best course of action for you at this juncture in time and of course will set one up for you should you decide that it is the best course of action at this juncture in time.

This is
where you
can find us.

Don’t hesitate to get in touch.

This is
where you
can find us.

Don’t hesitate to get in touch.