Having a self managed superannuation fund (SMSF) can give you greater control over your superannuation investments and may assist with estate planning.
An SMSF is a trust where funds or assets are held and managed on behalf of a maximum of four individuals, to provide their future retirement benefits. The ability to manage and control your own super fund is an attractive proposition for those prepared to commit the time and accept the administration and compliance responsibilities.
Whether you already have an SMSF - are thinking about setting one up - or need help to unwind one, we offer specialised advice tailored to your needs.
The major benefit of establishing your own SMSF is getting more control and flexibility over your investments. As the trustee, you have the ability to decide your fund’s investment strategy and the type of assets held.
With an SMSF, you can also take advantage of investments not usually available to public super funds (subject to limitations). And, like all complying super funds, SMSFs are taxed at a concessional rate.