Close to 600,000 Self-Managed Superannuation Funds (SMSF) are now in operation according to the latest statistics released by the Australian Taxation Office. The exact number of SMSFs (as at December 2015) is 566,735, and thousands of new SMSFs are being established every quarter. Individuals running SMSFs control nearly a third (29.1% or $594.6 billion) of the $2 trillion or so invested via Australian superannuation funds. An (SMSF) is your own personal superfund that gives you total control over how your superannuation benefit is invested. A SMSF is suited to DIY investors who prefer to make their own investment choices for their retirement rather than leaving it to be invested by others. Not only can we help you establish your own SMSF, we can provide you with the accounting and taxation support to ensure that you meet all necessary legal and regulatory requirements associated with a SMSF. Due to our in depth knowledge and experience we offer a suite of services that addresses all SMSF administration duties including:
Unsure if a SMSF is right for you and your personal circumstances? We are happy to assist you assess whether a SMSF is suitable for you, so please contact us to book an appointment with a member of our team to discuss all of your Superannuation needs.