By giving you full control of your superannuation account by creating a Self Managed Super Fund (SMSF), you can reap several benefits such as tax savings and lowering costs.
A Self-Managed Super Fund (SMSF) is simply put, a superannuation account in which individuals assume control and responsibility for themselves. SMSFs are becoming more and more popular among Australians due to the fact there are several noticeable advantages.
- Protection of your assets
- Flexibility and control
- Tax benefits
- Lower costs
- Borrowing power for investment opportunities
By taking a direct approach, you are able to dictate the major decisions surrounding your super and evidently helping you on the road to retirement.
With more responsibility comes more opportunity.
When setting up an SMSF, it is important to understand all the factors, both positive and negative, that should be taken into consideration. The good news about setting up an SMSF with the advisory of Fairchild, is that the tedious choices moving forward will not be left to you alone. We will help guide you in the right direction and layout the possibilities of any major actions.
Whether you are thinking of starting an SMSF or already self manage and are looking for advice, we offer several different levels of SMSF help.
The core areas we focus on are:
- SMSF Set Up
- Investment Strategies
- Administration of SMSF
With the complexity of an SMSF, remember, there are no bad questions.
Give us a call today and one of our advisors will help you take control!