SMSF’s are very popular for a number of reasons including:
- A sense of control over assets
- Tax benefits associated with super
- The ability to use assets of the fund to purchase business real property and lease such back to members
- Flexibility in funding retirement
- Estate planning purposes
Many SMSF trustees, while preferring to do things themselves, seek information and advice to help make informed decisions (rather than outsource the fund management). You can work with us to help you do it and provide specialist advice and strategies.
Once you have chosen to establish your own SMSF, we can assist with:
- Establishing a SMSF including organising a trust deed with a lawyer
- Your responsibilities as trustee
- Annual administration including maintaining member records
- Industry regulatory requirements
- Annual taxation compliance (including organising an external audit)
- Arranging a meeting with a specialist financial planner to establish an investment strategy and provide investment & insurance advice
- Providing proactive advice including monitoring maximum contributions and minimum/maximum pension payments
- SuperStream compliance
Nick is a SMSF specialist advisor. If you are thinking about a SMSF, we can send you an information pack (with ATO guides) about setting up and running a SMSF (including the costs).
