DIY or self managed superannuation funds (SMSFs) can invest in the broad range of managed funds, market leading high interest cash savings and term deposits offered by 4 Financial Advice.
Australians can choose to put their personal super contributions with an independently managed superannuation fund or with their own self managed fund.
Self managed super funds perform the same role as other super funds, by investing contributions and making them available to members on retirement. The key difference is that the members of self managed funds are also the trustees and therefore control where their contributions are invested and the payment of their benefits.
In a nutshell, with your own DIY super fund you get to decide what you invest in and when your benefits are paid, as long as you comply with superannuation law.
If you don't already have your own DIY super fund but are interested in setting one up, you should meet with a licensed financial planner. They will help you decide whether self managed super is right for you and to establish your own fund if it is.
We run short classes on setting up a selfmanaged super fund click here for details
Take the first step 1300 882-456
or
Make an appointment to talk with someone CLICK HERE
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