SMSF Advice

Getting professional advice in relation to your SMSF can help ensure that your SMSF is well run, efficient and diversified.

Without the right help, you may set up a SMSF which does not optimize tax benefits, pays little attention to investment risk and causes compliance issues.

Set up/structure advice

Setting up and operating an SMSF is a major financial decision. This is especially because the responsibility for running the fund and complying with the law rests solely with the trustee.

While SMSFs are ideal for some people, they don’t suit everyone. Managing your own super takes time, knowledge, skill and money, so before deciding to set up an SMSF, it’s important to obtain professional advice in the following areas:

  • An overall assessment of your superannuation which includes the costs and benefits of transferring your current superannuation into an SMSF.
  • Superannuation contribution strategies to ensure you are taking advantage of salary sacrifice, government co-contributions and spouse contribution tax offsets where available.
  • Documentation of an investment strategy that ensures the super fund meets the needs of all of its members.
  • The costs and benefits associated with starting a pension from your fund (if possible).
  • Investment recommendations, where required.
  • Death and disability insurance recommendations, where required.
  • Recommendations for beneficiary nominations.

Our expert team offers a wide range of advisory services and can assist with all your SMSF needs, from set up to management and finance. Please call us or enquire online to contact one of our specialist SMSF advisers.

Tax advice

Tax advice should only be obtained from a licensed tax adviser. Your accountant or professional superannuation administrator should be skilled to provide you with this advice.

Strategy/financial planning

A licensed financial planner can provide advice in relation to setting up your fund. Just as importantly, they can also provide ongoing advice in relation to the following areas:

  • Legislative changes that may impact upon your fund or the strategies you currently have in place.
  • Recommendations that take into account changes in your income situation, health, marital status etc.
  • Commencement of a pension, when appropriate.
  • Investment recommendations, where required.
  • Recommended changes in your death and disability insurance as your circumstances change.
  • Liaison between trustees and the super fund administrator, making ongoing management of your SMSF much simpler for you.

For help managing your fund, please enquire online to get in touch with one of our specialist SMSF financial advisers. Let our team contact you to discuss your situation.

Finance/loans

The potential to gear investments is one of the main reasons that people setup Self Managed Super Funds. However very few mortgage brokers or bank staff are familiar with trusts and do not know how to correctly set these loans up.

We specialise in financing loans for SMSFs and for people who are lending money to their SMSF. The main benefits of using our services for your loan are:

  • We will structure the loan correctly to meet the legislation and taxation requirements of SMSFs.
  • We know the guidelines of many lenders that work with trusts and can quickly work out who you qualify for a loan with.
  • We know which lenders have the most competitive interest rates.

Traditional home loans, investment loans and commercial loans can all be modified to suit a SMSF, with the right lender, the right advice and the right mortgage broker to take care of the details for you.

A full range of SMSF services!

Self Managed Super Funds can be great investment vehicles. With the right help, you can optimize your tax benefits and set up a structure that works best for your situation.

Our team at SMSF experts offer a variety of services and can help you set up your SMSF, get beneficial tax advice or obtain a loan.

If you need help with any of our other SMSF services please contact us or enquire online and one of our team members will call you to discuss your situation.

Note: this website is for informational purposes only and should not be substituted for professional financial or taxation advice.