A SMSF is perfect for the DIY investor who prefers to make their own investment choices for their investment – rather than leaving their super to be invested by others. The great benefit of SMSFs is that they allow you to invest directly in your own chosen combination of investments: for example, shares, property, fixed interest investments, managed funds and cash.  In certain circumstances, you may also include business real property (commercial property).

Importantly, SMSF’s aren’t for everyone!  

When considering whether an SMSF is right for you, you will need to take into account a number of factors, including the cost of the fund and the legal and compliance obligations required.  Key things that must be considered also include the structure of the Fund, the number of members, the Trustees, the need for an Investment Strategy (and the need to stick to it), annual audit and taxation requirements: the list goes on!

This is where your Infocus financial planner comes in, helping you to determine whether an SMSF will suit your particular needs and circumstances.  Click on ‘Enquire now’ to locate your nearest Infocus office today!