SMSFs differ from standard ‘retail’ superannuation funds because they offer greater flexibility, tax advantages, potential cost savings and the ability to pool funds to buy property.
As specialists in this area of Financial Planning Hello Wealth advisers assist with the setup of SMSFs from the earliest possible stages, working in partnership with your accountant and coordinating the fulfillment of complex and ongoing SMSF compliance requirements.
We also meticulously research the most effective tax strategies for the entity and trustees, highlighting specific benefits which enable us to advise on these specific allowable benefits. Aligning these findings with planning we then work towards achieving your financial retirement goals, through potential savings of thousands of dollars in unnecessary tax payments.
As the owner of an SMSF you accept responsibility for the fund at all times. A commitment which involves adhering to compliance and liability requirements while undertaking trustee responsibilities such as operation of the fund and fund management decision making in accordance with the trust deed and super, taxation, corporation and trust laws.
A consultation with your Hello Wealth Financial Adviser will also explore the following options:
- shares and other listed securities
- separately managed accounts
- managed funds
- term deposits
- direct property and other assets such as derivatives
- unlisted shares
- and collectables such as artworks