Self Managed Super Funds
Self Managed Superannuation Funds (SMSF) are the fastest growing type of superannuation funds in Australia.
SMSF's offer investors a wider choice of investment options both now and in retirement and they can offer significant cost savings depending on the investment choices made.
The establishment of your own SMSF creates a feeling of being in control of one’s own destiny rather than leaving everything in the hands of others.
All SMSF's must be audited each year and must also lodge a tax return. At Positive Outlook Accounting, we have a specialist service for these compliance requirements. Further, we can offer you the correct SMSF structures and complete all required compliance and statutory responsibilities. For further information, please contact us on (03) 5973 5322.
Superannuation Schemes and Strategies
What is your best superannuation option
In most cases, employers are required [under the Supannuation Guarantee Act] to contribute to a fund for each employee to build a savings nest egg for their retirement. In addition, the Australian Government provides significant tax incentives to encourage all residents to use superannuation to save for our retirement.
Superannuation options are definitely one of the most important financial decisions. However there are many alternatives in which one can chose from ranging Public Offer, Industry Based to Self Managed Superannuation investment choices. On first glance, the choices often appear contradictory and therefore seem quite confusing. The old age question therefore being: "should I stay in my exisiting fund or opt to roll over into an alternative?"
Whilst most accounting firms will generally advise you to invest in a self managed superannuation fund [SMSF], contradictory advice from your financial planner more often recommend a public offer superannuation fund or a managed fund. Positive Outlook Accounting will put you in the advantageous position of becoming the recipient of balanced and impartial guidance from ethical professionals that are both accountants and financial planners. You will have the option of reviewing all your choices in the light of our unbiased and independent appraisal of your current circumstances, future aspirations and needs.
To secure your obligation free consultation, please telephone Leanne on (03)5973 5322