Superannuation (SMSF) - Overview

Interested in managing your own super fund?

For the right person or family there are compelling reasons to have your own personal superannuation fund (also called DIY (Do It Yourself) Funds or SMSF (Self Managed Super Fund) Funds. These include:

• Investment flexibility - subject to the rules that apply, you can choose the type of investments you want for your fund, particularly with respect to investing in business real estate;
• Investment control - subject to the rules that apply, you can decide how best to invest the fund's assets; then it's your responsibility to make money for the fund;
• Estate planning - you can tailor the distribution of benefits payable on death in the most tax effective manner for your dependents;
• Cost control - by "doing it yourself" you can avoid paying fees of a middleman; and
• Asset protection - as your superannuation entitlements are partially protected from your creditors you can use your fund to protect at least some of your wealth.