SELF MANAGED SUPER FUNDS
Retirement Planning Sydney...
Allied Wealth can assist you with advice on Self Managed Super Funds.
Including advice on whether it's a suitable choice for you given your needs and priorities, as well as advice on investments and strategies for a self managed super fund.
Are You New to Self Managed Super Funds (SMSF)?
What is a Self Managed Super Fund?
A SMSF is a specialised superannuation fund that can be established for up to four people for the sole purpose of providing retirement benefits to its members. In other words, it’s your own super fund.
What are the benefits of having your own SMSF?
Investment strategies for Self Managed Super can include assets such as:
Can SMSF borrow to buy property?
SMSF’s can borrow money to purchase assets provided certain strict conditions are met. This is not a general ability to borrow money.
What would borrowing enable?
A frequent motivation for establishing a SMSF is a clients desire to invest in direct property, something that they may not be able to do in their present fund.
A Self Managed Super Fund can choose to purchase the following types of property:
-
Residential - purchase from arm’s length vendor.
-
Non-residential/non-specialised (commercial and rural purpose) - may be purchased for the full value from related parties (business real property only).
Note: Property must be held on trust by Property Trustee
To find out more about Self Managed Super Funds and whether you could benefit from using a SMSF structure, contact Allied Wealth today.
Allied Wealth Pty. Ltd. is a Corporate Authorised Representative (338 115) of Sentry Financial Planning (AFSL 247 105) ABN 74 099 029 526