Self Managed Super Funds
In the world of SUPERANNUATION, there are Drivers and there are Passengers. More and more Passengers are opting to become a Driver themselves in order to have better control over their financial future. Put simply, they are becoming SMSF Millionaires.
Self Managed Super Funds are to retail funds what UBER is to the taxi industry – DISRUPTORS. As of march 2016, there was $589 Billion in SMSF assets (compared to $531 Billion in retail funds) and that number is expected to grow to $100 Billion by 2020.
A self-managed superannuation fund (SMSF) is a popular option for investors seeking flexibility and greater control of their superannuation.
There are many advantages of using a SMSF, and there are also many obligations that you need to be aware of. We can assist you with understanding these obligations and guide you through the whole process to make it easy for you.
If you proceed to set up a SMSF, your new SMSF can reimburse you for this amount so you won’t have to use any of your personal funds!