Thinking about Self – Managed Super

Is an SMSF the right choice for you? A Self-Managed Superannuation Fund is not an appropriate option for people who would like to take a simple and hands-off approach to investing into their future. Although we can save you some time by making sure your fund is compliant, before setting up an SMSF please consider whether you:
⦁ Take an interest in finance and are willing to learn some rules and responsibilities of being a trustee. Some responsibilities include lodging your tax returns and maintaining all the records of your SMSF.
⦁ Have investment goals, with an SMSF you can invest in assets that you aren’t able to with other super funds – such as buying a property.
⦁ Are happy to establish and regularly review your SMSF investment strategies or appoint a financial planner to assist you in this area.
For more information on thinking about Self-Managed Super: