Self Managed Super Fund (SMSF) Advice

Self-Managed Super Fund

What is a SMSF?

Well, quite simply, it’s super that you manage yourself. A SMSF gives you more control over what you choose to invest your super funds in.

A lot of small business owners choose to set up SMSFs for this reason – it can be used wisely as an investment strategy that supports your business goals. As an example, you can use your SMSF to purchase commercial property and then lease the property back to your business.

There can be tax advantages to doing this, and it offers a level of protection in the event of bankruptcy.

Many small businesses start out by financing themselves with borrowings using equity in personal assets, but if the unthinkable happens, superannuation assets are generally protected.

Self-Managed Super Fund

Your SMSF can invest in your company or business, too.

This is called having an ‘in-house’ asset and it is restricted to a maximum of 5% of the SMSF’s total asset pool.

It’s important to get the details right and set up the SMSF properly. SMSFs also require much more detailed regular reporting as well as an active interest in management.

They’re not for everyone, but for some they can provide significant opportunities. Financial planners can help you decide if a SMSF is right for you.

What does a financial planner do?

As fully qualified, experienced financial planners we’re able to help you with SMSF advice. We also provide other financial services including advice on:

And we encourage your pathway based on your own individual circumstances and values.

Are you ready to Step Up and take control of YOUR financial future?

Using the Step Up Financial Process we help you launch the plan that will grow your wealth, protect your wealth and keep you in control.

Step up and take control of your financial future by contacting our local team of experienced financial planners today.

Need more information? Get in touch with Step Up Financial

    • 107 Moulder Street,
      Orange, NSW 2800

      PO Box 2499
      Orange, NSW 2800

    • (02) 6362 5445