What are the benefits of a Self-Managed Superannuation Fund?
The following are some of the advantages of a SMSF. • They can have greater investment freedom; • Members feel their money is safer being invested by them as trustee; • Members can actively participate in the management of the fund; • There are reduced formal reporting requirements; and • They can be advantageous investment vehicle for individuals considering tax and estate planning Setting up a SMSF is not for everyone. People considering a SMSF must familiarise themselves with the requirements and obligations of running a fund. We are able to provide you with basic fact sheets released by the ATO. If you wish to set up your own SMSF please contact us for further information.
