Due to the ageing population in Australia the Government has focused its retirement policies towards self-funding retirement. Significant incentives are provided in order to encourage people to save towards their retirement, with the incentives predominantly delivered through taxation concessions.
Self-managed superannuation funds (SMSFs) are an appealing option for business owners and individuals who want to control their superannuation assets.
Self-managed superannuation literally means just that – you in the drivers seat, controlling the course of your retirement benefits. There are many benefits to setting up your own SMSF, including:
We can help you every step of the way in setting up and maintaining your super with our full-range of SMSF services.
As you would expect, our specialist advisors provide compliance services for trustees, such as the preparation of financial statements, audit and taxation returns. We also offer comprehensive technical and financial solutions for clients seeking to maximise wealth from their self-managed funds, such as family wealth strategies for current and future generations or income streams in retirement.
This article has been prepared by RSM Financial Services Australia Pty Ltd ABN 22 009 176 354, AFS Licence No. 238282.
As everyone's circumstances are different and this article doesn't take into account your personal situation, it is important that you consider the above in light of your financial situation, needs and objectives, and seek financial advice before implementing a strategy.
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