Self Managed Superannuation
About 90% of our clients choose a Self Managed Superannuation Fund (SMSF) as the structure to hold the majority of their superannuation capital.
Why use a Self Managed Fund?
In our experience, clients choose a SMSF for one or all of the following reasons:
- Control over the investments
- Transparency of the structure
- Flexibility to implement strategies
- Lower cost for larger amounts of capital
Click here to download The 4 Golden Rules for Self Managed Superannuation Success.
How much do I need for a SMSF?
The Australian Taxation Office (ATO) use a minimum of $200,000 as a guide to what may be required to establish a SMSF. Of course this is a guide only and can vary greatly depending on the level of ongoing contributions, the member's age, the objectives of the members etc.
For more information, click here to download the ATO's guide for those considering a Self Managed Superannuation Fund.
Do I have to "self manage" my own SMSF?
We are often asked the question, "do I have to self manage my own SMSF, or can I outsource this to an expert?". The answer is no; you do not have to self manage your own SMSF. However, unless you have the time and expertise required to fulfill all of your obligations, outsourcing the investment advice and administration is a sensible option.
Although you cannot outsource your obligations as a Trustee of an SMSF, we ensure that the bulk of the administration is taken care of as part of our service.
Alliance clients use our PFM Service as the provider of choice for their Self Managed Superannuation.
