WHAT IS A SELF MANAGED SUPERFUND (SMSF)?

A SMSF is basically a superannuation fund with one to four members who are also trustees responsible for the investment strategy and administration of the fund within strict Australian Taxation Office (ATO) guidelines.

There are now more than 300,000 self managed superannuation funds (SMSF) in Australia and the number continues to grow. In a volatile economic climate, taking control of your superfund is something that all Australians should contemplate if the means are available. A self managed super fund is a smart and flexible alternative for anyone who wishes to have independence and control when it comes to their long term finances. At Stockx Accounting Services, our SMSF accountants know how to assess your situation so you can receive a highly personalised approach to your retirement finances. Rest easy knowing your financial future is secure and managed in your hands.   

KNOW THE RIGHT QUESTIONS WHEN IT COMES TO YOUR SMSF

Do you have a substantial amount in personal superannuation? As a guide, a minimum of $200,000 would be required due to establishment costs and ongoing management fees.

Do you enjoy learning about your investments and have the time to regularly review their performance?

Would you like increased flexibility in estate planning, more investment options and greater responsibility for your own retirement funds?

If you answered ‘yes’ to these questions, you may be suited to having your own SMSF.

Whilst there are potentially great benefits, having a self managed super fund requires time, effort and discipline plus they also attract extra ongoing fees including annual audit fees. Our expert SMSF auditors and accountants can help you with navigating the sometimes confusing arena of self managed super funds. Our friendly consultants can assess your situation and offer personal advice or strategies so you can get on the road to creating your own SMSF today.

CALL US AND ARRANGE A FREE CONSULTATION

If you’re looking for an SMSF accountant in the Mount Waverley, Glen Waverley or Berwick areas, contact us today and let us schedule a time that works for you. Call our office to discuss your superannuation options including establishment of your own SMSF.

Make an enquiry today

For all your questions, concerns and general advice, get in touch today.

    • Phone: (03) 9558 8171
    • Address: Suite 10, 1 Ricketts Road Mount Waverly VIC 3149
    • Office Hours: Monday - Friday 9.00am - 5.30pm