SMSF Philosophy

Our Beliefs

Self-Managed Superannuation Fund (SMSF) is not a do-it-yourself Fund (DIY Fund). The decision to commence an SMSF is complex and depends upon the level of responsibility you are willing to accept and your ultimate objectives. There is no ideal balance required to start an SMSF fund.

SMSF’s requires specialist advice for optimal results.  We recommend working with a board of advisers who are your panel of experts. These experts may include an accountant, auditor, financial adviser etc. Their role is to provide essential services/advice and to ensure you understand your SMSF and your role as Trustee.

Our role is to provide you with access to the latest financial information and our knowledge of the ever-changing superannuation environment so that as Trustee of the fund, you can make optimal decisions.

Key Reasons

Why might you consider an SMSF? You, as the Trustee, have complete control of your superannuation, along with greater investment choices and opportunities. You could acquire assets not generally available within a public offer superannuation fund, such as:

• Commercial & Residential Property
• Unusual & Exotic Collectibles
• Derivatives
• Currency
• Commodities (like gold)

Other benefits include tailored taxation planning, the option to transfer an overseas pension entitlement into an SMSF, the opportunity to commence a Family SMSF and aggregate assets, estate planning and intergenerational wealth transfer.

Who would it be suitable for?

An SMSF may be suitable in the following circumstances:

• If you have complex needs
• If you are a sophisticated investor
• If you have a reasonable level of financial literacy
• If you are seeking more transparency and control
• If you will accept the responsibilities of being a Trustee
• If you can build strong working relationships with a panel of experts via a board of advisers
• If you have the trust and confidence to outsource day-to-day operations

“An SMSF may provide a wonderful opportunity to grow wealth, however the decision to commence one is complex and should not be taken lightly.”

Our Approach

We provide an end-to-end SMSF solution for those who are seeking to establish an SMSF, or already have one in place. Our advice will provide clarity and understanding of the benefits, costs, and your rights and responsibilities as the Trustee of your fund.

We will guide you to make the right decisions, regardless of whether you are in the establishment, ongoing management or winding-up phase.  Our aim is to provide you with advice, the most appropriate service solution for your SMSF, and to help you create a board of advisers who will assist, advise and guide you.

Initial considerations

The initial considerations include:

• Investments – fund strategy, asset allocation, specific investments
• Goals discussion and tracking – are you on track, do your goals need updating?
• SMSF administration and operation – are you getting the most out of your SMSF? Is the fund being operated smoothly? Is it being made easy to manage by your board of advisers?
• Strategy discussion – do you have the right strategy in place as changes occur in your circumstances, the environment, economic conditions and legislation?
• Investments – fund strategy, asset allocation, specific investments
• Wealth protection – have you considered your insurance needs? Do you have enough? How should it be structured?
• Estate planning – are you ensuring your legacy will be passed onto your children and grandchildren?

As your financial adviser, we recommend regular reviews of the above considerations to ensure your SMSF remains financially rewarding.

Our Solutions

As part of our ongoing relationship, we recommend we meet you on a regular basis (6 monthly or annually) to:

• Support you in your role as Trustee of the fund
• Ensure the administration of the fund is going smoothly
• Discuss compliance matters and legislative requirements for the fund
• Assess how you are tracking against your goals and objectives
• Review the fund’s investment portfolio