Self-Managed Superannuation Funds
Of the $1.23 trillion invested in super at 30 June 2010, $390.8 billion was in self managed super funds (SMSFs).
For many Australians, SMSFs offer 4 major advantages:
More control over investments
Greater investment flexibility
Generally lower fees than industry and retail funds.
On average, better performance than industry and retail funds.
Why SMSFs Work
More Control and Greater Flexibility Over Investments
SMSF members can choose where their retirement savings are invested, with options including listed shares, bonds, listed investment companies , exchange traded funds and direct property.
This flexibility in investment options allows SMSF members to actively manage their investments. With a hands-on investment approach, SMSF members can quickly adjust their portfolios as markets change.
Lower Fees and Better Performance
A Commonwealth Government report titled A Statistical Summary of Self-Managed Superannuation Funds (Dec 2009), based on ATO and APRA data, found SMSF members generally pay lower fees and that, on average, SMSF investments performed better than all other super funds over 2006, 2007 and 2008.
How a SMSF Could Benefit You
Depending on your individual situation, the advantages of an SMSF may include:
on investment income and capital gains
and asset selection
with ability to account for risk profile and specific financial needs
with similar financial objectives, such as family members
including account based, transition to retirement and term allocated pensions
such as the age pension
into your superannuation fund
and lease it back to your business
Our Services Include:
Fund Establishment
Fund Annual Returns
Advice & Compliance with Super Legislation
Financial and Audit Compliance
Superannuation Audits