Why a Self-Managed Superannuation Fund

It is well known that superannuation is a savings vehicle to enable people to accumulate money to fund their retirement. The main advantage of a Self-Managed Superannuation Fund (SMSF) is that you are in control of your retirement plan. Further, instead of someone else managing your money, you control all the decisions relating to your fund’s investments.

SMSFs run in perpetuity so you can include your children and they in turn can include their children.

You can utilise the funds in your superannuation to invest in a variety of assets, and also to borrow further funds should you wish to invest in property and benefit from negative gearing. There are also tax concessions for insurance (salary continuance, temporary or permanent disability (TPD) or life insurance held inside the fund), and benefits in estate planning and asset protection. As the years progress you can make the most of the funds you have invested.

HA Harding & Co has been administering Self-Managed Superannuation Funds since 1992 and making the complex matters associated with them simple for our clients. To meet the new requirements we have set up a separate entity, HAH SMSF Advice Pty Ltd, which deals specifically with Self-Managed Superannuation Funds.

HAH SMSF Advice Pty Ltd is Corporate Authorised Representative No. 001237875 of the SMSF Advisers Network Pty Ltd, ABN 64 155 907 681, AFSL No. 430062.

There are strict reporting guidelines to adhere to such as annual Financial Statements, Audit and Tax Return, but we make it easy for you by managing the compliance side of it for you and give you the tools to make your own decisions. There are many services we can offer your SMSF.

If you’d like to have a free one hour consultation where we can explain the pros and cons of setting up a SMSF, please contact us.

In order to determine whether a SMSF is right in your situation we prefer to meet and discuss your personal situation, your financial needs and goals and your available sources of finance. You will leave that meeting with a good understanding of the pros and cons and your responsibilities should you decide to proceed.