Superannuation will be one of the biggest investments most Australians will make in their lifetime. So take control sooner and get the most out of your superannuation by speaking to one of our financial advisers. Self managed Superannuation funds (SMSF) have become quite in demand for those wishing to take control of their own superannuation arrangements.
The ability to purchase commercial and residential property as well as direct shares and investments in a tax effective environment has certainly sparked interest in SMSF which are being established at an alarming rate.
The setup of a SMSF is generally done by people wanting to take further control of their superannuation. Looking for better returns, reduction is fees, tax strategies and possibly reducing investment fees.
With all that being said it is not a decision to be made lightly. With added control of your superannuation through a SMSF also comes added responsibility, investment tracking, time investment, workload and compliance and if not managed correctly can be very costly.
If you are considering a SMSF we highly recommend speaking to our expert financial advisers to assess if a SMSF is the right strategy for you and to ensure your fund gets off to a smooth and compliant start.
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