SELF-MANAGED SUPER FUND
Self-managed super funds (SMSFs) are a great way to take control of your retirements savings. SMSFs give you the benefit of making all investment decisions, whilst also choosing which insurance you would like. This may sound appealing, however it can be risky and it is very important that it is setup properly.
Having the control of a SMSF means that you are responsible for complying with all tax and super laws. It is imperative that it is setup correctly to avoid financial or criminal penalty.
If you are intereted in setting up a SMSF please contact our friendly team so that we can assist with all of your inquiries. We reccomend reading more about the pros and cons of SMSFs here at Money Smart.