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July 2013

What you need to know about Self Managed Super Funds

What’s all the hype about? Having a retail or industry super fund you are potentially putting the fate of you and your families’ retirement future in the hands of someone you may have never met. More importantly they may have no idea of your goals and longer-term retirement and lifestyle plans. This is one of the main reasons why more and more Australians today are considering establishing self managed superannuation funds (SMSFs). The popularity of SMSFs has increased dramatically over the last 15 years. In 1998 approximately 10% of all superannuation assets were held in SMSFs, as of October 2012 …

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