Our superannuation is your future. It’s never too early to take action and ensure your super fund is in order, and the best way to do this is through a professional advisor.
Self-managed super funds (SMSFs) are becoming increasingly popular, as people are looking to take control of their savings for their retirement. The main difference between a SMSF and other types of funds is that SMSF members are also trustees – meaning these funds are run to benefit the members.
While entering into a SMSF is a great way to save for your retirement, it’s not a decision to be made lightly. Professional assistance is necessary, as you need to make sure the fund is run both in the best interests of its members and in accordance with the law. Any investments need to be separated from both personal and business affairs of fund members.
There are a number of administrative obligations that come with running a SMSF, as you need to arrange annual audits, maintain records and report to the ATO in terms of the fund’s operation.
At TaxPlanners, we can take the stress and hassle out by organising your own self-managed super fund. We can not only help you set up a fund, but also provide you with advice and assistance in terms of running it. We’ll ensure your fund is compliant with all laws and rules set out by the ATO, so you can be rest assured your retirement savings are as secure as possible.
Since July 2016, TaxPlanners has a sister concern that offers full services in SMSF and financial planning using self-managed super funds.