Over the past twenty years a self managed super fund (SMSFs) has become a very popular vehicle for people to manage their retirement planning not only because of the tax savings connected with superannuation but also because of the flexibility of investment decision making people have with self managed super .
We have years of experience in the administration of SMSFs and the provision of strategic advice in relation to client’s SMSFs.
Nowadays, SMSFs are relatively simple to establish and the ongoing costs are often much cheaper than the fees paid to administrators of retail industry funds.
For many people of retirement age, SMSFs are the preferred vehicle for holding their investments because of the considerable tax advantage they offer.
It is also worth noting that a member of an SMSF can often continue to contribute to their SMSF even after commencing a pension depending upon their age and other factors.