Superannuation is the most tax-effective way to save for retirement.
Contributing to super allows us to put aside money during our working life to use when we retire. It provides us with the ability to create wealth and save significant tax during our working years. On retirement, the benefits are even greater with tax free income and benefits that may assist in receiving an increase in the government age pension.
The benefits of Self-Managed Super Funds (SMSF) are control, tax benefits, lower costs, and flexibility with our investments. Some of the disadvantages are lack of diversification, and lack of skill and knowledge. There are obligations and responsibilities to running a SMSF which means that there are risks that need to be managed. If not run properly the penalties can be devastating to your retirement nest egg.
We offer a comprehensive SMSF service including establishing a new SMSF, managing contributions, managing investments, retirement planning, and ensuring that the fund complies with all aspects of super law.
There are many strategies available to help you maximise your retirement savings through super. We provide Super fund analysis and strategy (consolidation, reduce fees, optimise investment strategy), and structure with insurances.
We will guide you through the complexities of Superannuation and provide sophisticated advice varying from consolidation of superannuation, government co-contribution, salary sacrificing, superannuation splitting, insurance funded through superannuation, self-managed superannuation funds, transition to retirement strategies and pension strategies.