Self-Managed Super Funds

Want more control over your super?

Self-Managed Super Funds can be a great way for you to take greater control of your superannuation fund.

Self-Managed Super Funds (SMSFs) provide a more hands-on way of investing for your retirement. The difference between an SMSF and other types of superannuation funds is that the members of an SMSF are usually also the trustees. This means that the members of an SMSF generally run it for their own benefit and are responsible for complying with relevant super and tax laws, which can be costly and burdensome therefore a decision on a SMSF needs to be well thought out from independent advice.

More Control

For many Australian’s, superannuation is their second largest asset behind the family home. You can have up to four members in an SMSF and pool you super assets with your partner or family. This means you are able to consolidate multiple super accounts to create a larger pooled balance. The larger your SMSF balance grows, the more cost effective it becomes. Therefore, it probably shouldn’t be considered for small balances.

Greater Choice of Investments

SMSFs can offer a broader range of investment options than traditional industry or retail super funds do. With a SMSF, you can invest in direct shares, high-yield cash accounts, corporate debt, unlisted assets and direct property just to name a few asset classes.

Estate Planning

SMSFs can allow you to control how your benefits are passed in the event of your death. You can build a strategy suited to your family situation and your intended beneficiaries.

SMSFs are becoming a popular way for Australian’s to manage their retirement savings, but you need to consider whether it is the best option for you given your goals. Talk to a Henderson Matusch Adviser today.

We are here to help

We make it easy for you to get started with a plan to secure your financial future. We also help to monitor your progress monthly, which helps motivate you and keep you on track for success.