The difference between an SMSF and other types of funds is that the members of an SMSF are usually also the trustees. This means the members of the SMSF run it for their benefit and are responsible for complying with the super and tax laws.
If you set up a self-managed super fund (SMSF), you’re in charge – you make the investment decisions for the fund and you’re held responsible for complying with the super and tax laws. It’s a major financial decision and you need to have the time and skills to do it. There may be better options for your super savings.
That’s where we can help – We can guide you through the entire process of establishing some financial goals for your retirement and setting up your Self-Managed Super Fund to achieve those goals.
An SMSF must be run for the sole purpose of providing retirement benefits for the members or their dependants. Additionally, all decisions you make as trustee of your SMSF must be in the best financial interests of the members. We are a licensed professional to help you decide.
Our SMSF services include (but are not limited to):
- Existing Superannuation products
- Establishing a Self-Managed Superannuation Fund (SMSF)
- Establishing Limited Recourse Borrowing Arrangements (LRBA) within a SMSF
- Winding up a SMSF
- Basic deposit funds