Self-Managed
Superannuation Funds (SMSF)
Managing your own super is a big responsibility
There are strict rules that govern how you can use a SMSF how you can invest the fund’s money and when you can access your super.
All financial decisions carry risk, so it’s important to think carefully about your investment options to balance the level of risk against the level of financial return. One Advisory Wealth Management will actively manage your SMSF to put you in control of your future. Our expertise and unique approach to client service ensures that your objectives are met in an appropriate tax effective manner.
Our strategic solutions are crafted to benefit both current members and their beneficiaries and it is particularly important to ensure that superannuation is dealt with properly as part of an estate planning strategy.
- How much money do I need in retirement?
- Will I have enough money in retirement?
- Can I afford to retire?
- How do I structure for retirement?
- What do I do when I reach retirement?
People are retiring earlier than ever before so the sooner you get started the better you may be able to afford to live in retirement, the longer you are in the market the longer your investments will be working for you.
Today you know where your income is coming from but do you know where it will come from in retirement? The money you live on in retirement will likely come from your super, a pension, personal savings/investments and or part-time work.
The standard rule is that in retirement you’ll need approximately 60% of your annual income that you earned before you retired. Think this is a lot? Well remember you’ll have more time to accomplish all the things you wanted to do before you retired and you’ll want to be able to afford them. The longer you spend in retirement the more money you’ll need.
Remember, a Government age pension will not replace the majority of your income in retirement and many people feel the future of our current system is uncertain. This is why your personal savings are becoming a more important part of the retirement equation.
Managing the paperwork for you
Paperwork such as accounting records, fund transactions, annual tax returns, member reports and minutes of trustee meetings must all be prepared and kept. We can assist in all of those areas via our One Advisory Super Fund Administration division.
SMSF Administration
Managing superannuation can be rewarding, both financially and personally. The potential tax benefits of superannuation, combined with the ability to be in control of your investments, make self managed super funds a valuable investment vehicle. But, self-managed super funds can also come with unforeseen burdens – administrative obligations, rigorous compliance monitoring and increasingly strict reporting requirements. Combined, these can often be both time consuming and challenging for even the most diligent investor.
One Advisory Super Fund Administration offers a full range of services to Trustees of Self Managed Superannuation funds to assist with taking out the worry of managing your own fund. Further information can be found here, or by speaking to a OAWM Adviser.
ASK OAWM FOR AN INITIAL CONSULTATION
One Advisory Wealth Management
Website Design – A Computer Guy
Privacy Policy | Website Disclaimer | Complaints Resolution
One Advisory Wealth Management Pty Ltd is a Corporate Authorised Representative (AR #001284169) of Thornton Group (Australia) Pty Ltd.
AFSL 223670 | ABN 88 101 789 226 | Level 1 104 Frome Street ADELAIDE | P 08 8229 2260 | F 08 8229 2299
Thornton Group (Australia) Pty Ltd trading as Thornton Group holds an Australian Financial Services Licence (No 223 670)