Financial Planning | Self Managed Superannuation
Take control of your superannuation
Self Managed Superannuation also known as DIY Superannuation is the fastest growing sector within the finance industry. As of June 2011 there was more than $418 Billion held in self managed superannuation across approximately 7,500 superannuation funds.
The main reason for this growth is that people ultimately want more investment options which the retail superannuation options can't provide. Setting up a Self Managed Super Fund (SMSF) allows you to take control of your super and where it is invested.
Self Managed Superannuation (SMSF) is typically suited for clients who have sufficient assets inside their superannuation account. To establish an ‘SMSF’ it is preferable to have investable assets equal to $200,000 or more across all fund members. (Maximum of 4 members is allowed within an SMSF). This potentially means that a couple can establish a self managed superannuation fund with 2 other family members allowing them to combine their super gaining greater purchasing power.
With a well structured self managed super fund (SMSF) you can take control of your super while gaining access to direct investment such as shares, direct property, currencies, commodities and personalised structured investments. And as of September 24th 2007 a Self managed superannuation fund (if structured correctly) can secure mortgages which allow you to buy property which you otherwise couldn’t afford.
Because Omniwealth is a full service financial services company we can help you establish and manage all areas of your self managed superannuation investment. This is a unique advantage available to Omniwealth clients.
We can help you in all areas of self managed superannuation or in each of the following specialised areas:
- Self Managed Superannuation establishment
- Self Managed Superannuation Property Warrant establishment
- Self Managed Superannuation Compliance and Audit
- Self Managed Superannuation mortgage structuring
- Self Managed Superannuation Investment strategy and advice
- Self Managed Superannuation investment property selection
To see how Omniwealth can help you with your self managed superannuation needs please contact us above.
Click Here to download our free e-book and learn more about buying property through a Self Managed Super Fund or click here to learn more about self managed superannuation.
Each year Russell Investments in association with the SMSF Professionals Association of Australia Limited (“SPAA”) conduct research on the SMSF industry. This report called ‘Intimate with Self Managed Superannuation’ is the culmination of research among Australian SMSF trustees, financial advisers and accountants and provides insight into superannuations fastest growing sector.
Intimate with Self Managed Super is the benchmark for the changing and evolving SMSF sector. Click here for the Executive Summary or click here for the full report.