SMSF IN AUSTRALIA
Are you just starting your research or ready to take the first steps towards your SMSF set up? Whatever stage you’re at, we can help you learn the SMSF basics in four simple steps. However they are more complex and also strictly regulated.
Setting up an SMSF means as a trustee, you can choose how to invest and manage your super savings. Below we explore the main benefits to managing your own superannuation.
Most superannuation funds will allow you to invest into shares, fixed interest and property via managed funds, but often with restrictions. SMSFs however can offer a large range of additional investment options including direct property, physical gold and other commodities, derivatives, and subject to strict requirements, collectables such as art work.
53% of SMSFs established for more than 10 years
SMSFs can also offer the flexibility of borrowing within your fund for investment. In particular, small business owners may hold their business premises within their SMSFs for a variety of reasons including asset-protection, succession planning and security of tenancy.
0SMSF's in Australia
0Billion in assets
Greater investment flexibility control
Most superannuation funds will allow you to invest into shares, fixed interest and property via managed funds, but often with restrictions. SMSFs however can offer a large range of additional investment options including direct property, physical gold and other commodities, derivatives, and subject to strict requirements, collectibles such as art work.
26% average assets growth over 5 years
Contributions to SMSFs increased by 21% over the five years
Pool your super with up to three other individuals
SMSFs provide you with the ability to pool your resources with up to three other members. This increased pool may allow you to access investment opportunities that may not be available otherwise. This further increases when gearing using this increased investment pool is considered.
SMSFs offer great flexibility with your estate planning needs. If the fund’s trust deed allows it, SMSF members can make binding death benefit nominations that do not lapse, unlike many public offer superannuation funds which tend to require binding death benefit nominations to be updated every 3 years. In addition, SMSF members may have greater flexibility in specifying how death benefits are to be paid.
0%of all super assets
0%established 3 years or less
0%invested in Australian-listed shares
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