Self-Managed Superannuation Funds (SMSFs) allow you to take personal control of your superannuation. When you set up an SMSF, you’re in charge – you make the investment decisions for the fund and you’re responsible for complying with the super and tax laws.
When used effectively, SMSFs can be a tax effective wealth creation and estate planning vehicle. They are popular due to the flexibility they offer people when investing their super and with almost 600,000 SMSFs holding $822 billion in assets (as of 30 June 2021), it’s no wonder more and more Australian’s are seeking further information over their retirement investment options.
Greenwich & Co can help you understand the benefits of a Self-Managed Superannuation Fund which will allow you to have control of your fund’s investments, empowering you with the ability to invest with confidence. We will also work with your legal and licenced financial advisory teams to ensure you get the advice you need.
For more information on Superannuation and SMSFs, contact the team at our office in Perth today.