The main reason for having an SMSF is to give you more control over how you manage you own superannuation. Over 1 million Australians have switched from retail or industry funds to Self-Managed Super Funds. An SMSF is a superannuation trust structure that provides financial remuneration to its members in retirement. The main difference between SMSFs and other super funds is that SMSF members are also the trustees of the fund.
At Salt Financial Group we;
- Provide advice on the plusses and minuses
- Establish the fund
- Provide advice on the investments
- Attend to accounting and tax compliance
- Arrange the annual audit.
The importance thing is we allow for the control you require but take away the complexities of administration and educate you on how to get the most out of your retirement funds.