What is a Self-managed Superannuation Fun (SMSF) ?
It’s all in the name! A Self Managed Super Fund (SMSF) is just that, a superannuation fund that you invest within, and manage yourself.
Whether you’re just now starting to consider your super options, coming up fast on retirement or a business owner interested in the tax advantages, a SMSF can give you the opportunity to be dynamic with your choice of super investments.
There are tax incentives and investment opportunities that you can take advantage of through a Self Managed Super Fund that otherwise you cannot. The structure also offers excellent asset protection and efficient and binding estate planning opportunities, all of which will help you achieve your wealth creation plans.
The money in your Super Fund is your money, which is why a SMSF is about making your super work for you. Having your very own SMSF has a lot of benefits. There is however a catch: in addition to being responsible for investment in your fund, you must also manage its administration and compliance.
Apart from setting up your SMSF and providing advisory services, this is where Condon Noller can really help you: Our team can take care of your fund compliance and other paperwork so that you can focus on making your superannuation work for you.
Book a free, one-hour initial consultation via our website to discuss your financial needs and receive practical business and taxation advice.