By taking control of your superannuation through a Self-managed Superannuation Fund (SMSF) you can expect to enjoy the following benefits:
Control
SMSF’s assets are totally under the control of the Trustees. The Trustees are responsible for taking all decisions on where to invest the assets, whether it is in investment property, equities, a Managed Fund or term deposit. In other words, control lies in the hands of those who actually put up the money – the Trustees.
Low Tax
At fifteen per cent, SMSF’s have one of the lowest tax rates of any entities in Australia. The great thing is that the SMSF’s tax rate can be reduced even further by offsetting other tax credits. SMSF’s are allowed to control exactly when assets are disposed of. Therefore, if an SMSF acquires an asset today, it appreciates by xxx% by the time its Members retire, and it can be rolled over to an allocated or complying pension fund with Nil tax paid on the realised capital gain of the assets in question.
DIY setup
Superannuation Warehouse executes the setting up of your SMSF for a fee. Otherwise, you can set it up yourself. Pure DIY SMSF.
Low Fees
An SMSF with Superannuation Warehouse provides you with an extremely competitive fixed-fee structure with certainty on the costs of operating your Fund.
Asset Protection
In the unfortunate event of bankruptcy, assets belonging to SMSF Members are generally protected from creditors.
Retirement Income Control
An SMSF provides the highest level of flexibility and control over the distribution of benefits in retirement, whether you wish to take your superannuation benefits in one lump sum, continue to invest or receive it as a pension, it’s entirely up to you.
Pool Together Family Members’ Superannuation
Designed for a Trusteeship of six or less, SMSF’s are a great option for a family of a husband, wife and adult children who wish to pool their superannuation together and buy an investment property.