Call Us: (02) 9858 5658

 

 

Self Managed Superannuation Funds (SMSF)

A large and growing part of WealthStream’s business is in the area of Self Managed Super Funds, commonly known as SMSF’s. Your super can grow to be a significant asset over your working life. With the benefit of regular savings from your employer as well as your own investments, it is important to make the most of this investment vehicle.

As super balances grow people often want more say as to how their money is managed. The opportunity exists to manage your own super or have a Self Managed Super Fund.

There are many reasons to choose a Self Managed Super Fund (SMSF). The most obvious is flexibility and control over your investments. But there are also many other benefits that cannot be achieved with standard retail super funds. Strategies can be employed to ensure that your Fund is a multi-generational fund, passing from generation to generation. Tax benefits can be obtained through smart financial strategies.

With control however, comes greater responsibility. With a SMSF you become Trustee for the Fund. As Trustee you are responsible for ensuring that the fund meets all of the legislative requirements. You also control the day-to-day operations of the Fund. From this point of view, having a SMSF can seem daunting.

Self Managed Super Funds are a specialised area of advice. WealthStream works with SMSF clients via a partnership approach. Partnership with you as Trustees. Partnership with you as members. Partnership with other professional advisers such as accountants and solicitors.

Our SMSF clients are able to relax knowing that the day to day operations and compliance of their fund is being looked after. WealthStream’s highly trained and experienced staff and advisers can provide the assistance and skills required to get the most from your SMSF.

To find out if a SMSF is right for you, or to get the most from your existing SMSF, contact WealthStream for professional advice that makes a real difference.