RSM Australia

Self-Managed Superannuation

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:

  • Family wealth strategies
  • Greater control over investments
  • Accumulate your wealth in a tax-effective environment
  • Flexible access to benefits in retirement

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.

Consolidating super - don't blow up your insurance!

There’s growing concern around the fees associated with managing super, with many failing to see the wood from the trees when it comes to the difference between fund management fees and insurance premiums.

Young Australians beware of the impact of super without insurance

Most Australians breathed a sigh of relief in the 2018 Budget that few changes were made to super. The government did however place some focus on limiting the amount of superannuation being eroded by fees.

The Power of Farmland in Superannuation

Acquiring, farmland inside a Self Managed Superannuation Fund (SMSF) that can then be leased to a related party is popular strategies for farmers to help build their wealth for retirement. Make this a stress free transaction by considering the following issues: Arms-length transaction requirements

Fundamentals of Financial Success | Pillar 4 – Engage with your Super

As discussed in part one to three of the series The Six Fundamentals of a Strong Financial Plan, it's important to remember that there are always going to be events that are happening locally or internationally that will impact financial markets.

Farm Succession - How to Generate Income When Retiring From Your Farm

One question I am often asked by my farming clients when considering farm succession is...

RSM Finalists in ifa Excellence Awards

RSM are proud to announce that we have been selected as finalists in the 2017 ifa Excellence Awards. RSM Financial Services are in the running to take one of Australia’s top industry awards, Best Client Servicing of the Year, in the Company category.

Downsizer contributions

The 2017 federal budget was a quiet one for superannuation with no substantial reforms or tinkering with the system. One reform announced was the ability for amounts to be contributed to superannuation over and above the current limits where individuals are downsizing their primary residence. 

Superannuation contribution opportunities and traps

The first issue to be aware of is the reduction in super contribution limits that start from 1 July 2017.

Choosing capital gains tax relief

A key component of the Fairer Super reforms is the ability for superannuation funds impacted by the reforms to revalue their assets to their current market value for taxation purposes.

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Everyone’s circumstances are different and as this website doesn’t take into account your personal circumstance, it is therefore important that you consider the above in light of your financial situation, needs and objects, and seek financial advice before implementing a strategy.
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