As the Government encourages (and mandates) that Australians take responsibility for their retirement income goals, citizens are repeatedly required to deal with superannuation funds. Self-managed superannuation funds are a means of saving for retirement. It enables you to control your super fund investment strategy, reduce tax while accruing retirement benefits, and control administration costs.
Superannuation law is a complex area and personalised planning is required for each individual. The team at IEC Financial Advisory has superannuation experts who can assist in establishing a superannuation fund that will effectively position you to reach your retirement goals.
Services we offer include:
- Establishing self-managed superannuation funds
- Superannuation tax and audit compliance functions
- Advice on compliance matters
- Advice on taxation benefits
- Advice on employer obligations
SMSF strategic advice and compliance (including pension commencement and strategy, SMSF borrowing and direct investment structural advice).
This type of advice is often sought by people who may wish to take control of their own destiny with SMSF (Not always, but often business owners and senior professionals) and people who may have had defined benefit super options, but then need to take a more active involvement in managing that money once received.
SMSF's are not for everyone, but for those they do suit, they can be flexible and effective wealth accumulation and management vehicles, and quality strategic advice is a must.
Ask yourself the following questions:
Do I have an interest in taking responsibility for my own future and making the most of strategic opportunities with a SMSF?
If I were to pass away, is there enough funds to care for my dependants, and is the legal paperwork in place to ensure the right money gets into the right hands at the right time?
Is my superannuation being invested and managed properly, and will it be adequate to fund my retirement?
If you are not sure if you can answer these questions, please book a complementary appointment to discuss your options.