Grow your nest egg for retirement

Let us help you establish and enhance your SMSF with personalised financial advice and written blueprints for your investment strategy

Why set up a Self Managed Super Fund (SMSF)?

In the past, most people invested their Superannuation in Retail or Industry Superfunds to which their employers contributed a percentage of their salary. Fund managers then made investment decisions on behalf of the members of those Funds. This landscape has dramatically changed in the past 10 years, with more than 1.1 million Australians switching from Retail or Industry Funds to SMSFs.

Take back control of your super

Establishing an SMSF gives you total control by allowing you to choose where you invest your Super. Many of our clients are disappointed with their superfund’s performance. Having total control means the members of the SMSF can invest in a wide range of investments like Term Deposits, Australian & International Shares, Residential & Commercial Property, cryptocurrency, and art & collectibles.

Minimise administrative costs

An SMSF can also be the most cost-effective type of Superannuation Fund, particularly where industry funds charge a percentage and the fee increases considerably as your balance grows. If you have $200,000 invested in the fund, your fees are $4,800. SMSF might save you fees in the long run as fees are fixed and do not increase relative to your balance.

Borrow money through SMSF to invest

Through the introduction of new borrowing regulations, SMSF members are now allowed to take out a loan to acquire assets including residential & commercial property. This could help you potentially achieve your retirement financial goals in a shorter amount of time.

Flexible tax planning

SMSF contributions are considered income for the fund, and as such is liable for annual tax at a concessional rate of 15%. This means that the contributions can be invested before taxes are due. This will result in money invested for longer and earning returns for the members before tax is eventually paid.

Don't wait any longer. Now is the time to discuss how you can fund a comfortable lifestyle in retirement. Contact us today >

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Chan & Naylor Brisbane
Suite 24, Level 27
480 Queen St
Brisbane QLD 4000

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(07) 3145 0182

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