SUPERANNUATION

/SUPERANNUATION

SUPERANNUATION

Superannuation may
help provide you with a financially secure retirement, assist you with long term savings, allow you to take advantage of favorable tax treatment of superannuation contributions and benefits, allow you to take advantage of insurance offered through your plan

How is Super Invested?

Superannuation contributions are usually made by an employer and /or employee into a superannuation fund which is regulated by legislative requirements. The contributions received are then pooled with the contributions of other members of the fund and invested in different sectors (e.g property, cash, fixed interest, equities, etc.) determined by your portfolio choice. It is very important that you select an appropriate investment portfolio to invest your superannuation in is an important factor in planning for your retirement.

 

SMSF

It is a superannuation fund that you can manage yourself,
In other words, you can control the investments and decide yourself how the fund will operate

What are the advantages of a SMSF?

  • Control – the flexibility of a SMSF allows you control of the funds.
  • Tailor made – you know what investments are made, and can make them to suit your goals and objectives.
  • Taxation – an SMSF could offer you taxation advantages structured the right way.
  • Protection – the assets of the SMSF are protected from bankruptcy and other legal claims.
  • Estate planning – a SMSF provides great flexibility, and is able to pay an income stream to beneficiaries.

Can ongoing contributions from my employer be placed into my SMSF?

  • Yes! As of the 1st July 2005 superannuation choice of fund means that you can instruct your employer to pay superannuation contributions to your SMSF.

What is a trustee and who can be one?

  • You have two choices with the trustees of your SMSF, it can be an individual or a company.
  • If you choose an individual trustee, then all members of the SMSF must also be trustees.
  • A SMSF must have more than one person as trustee, if the individual option is chosen.
  • If you choose an option of having a corporate trustee, then the member of the fund must be a director of the company.

What can the fund invest in?

  • You have a range of investment options with the fund
  • Your fund can invest in anything ranging from direct shares, share trusts, property syndicates, hedge funds or any other traditional and boutique investment.
  • We will help you establish an investment strategy and discuss your options with us

Can the fund provide insurance?

  • Yes!!! You can have your SMSF paying the cost of the insurance and claims this as a tax deduction, making your insurance costs more tax effective

Our Self Managed Super Service includes

  • Establishing a trust deed
  • Recommend to you an investment strategy
  • Rollover of existing super into your self managed fund
  • Help you with access to discount and boutique investments for your fund

SUPERANNUATION CHOICE

As from 1 July 2005 , compulsory superannuation contributions made by an employer for his employees must be paid into superannuation funds chosen by each of the employees. Please note that the employer may choose a default fund for the contributions to be paid into, in the event that an employee does not choose a fund.

Choosing the right products and services for you is an extremely important decision bearing on your financial future. Some of the issues which you may need to consider are:

  • Which super fund should you go for?
  • Should you go for Self-Managed Superannuation Fund.
  • How can you have a mix of investments or managed funds, which are diversified across asset classes, geographical regions, investment styles and market capitalization?
  • How much should you be putting into your super fund?
  • What is your current situation and likely future needs?
  • How may tax and government welfare benefits affect your choice?

Yes! As of the 1st July 2005 superannuation choice of fund means that you can instruct your employer to pay superannuation contributions to your SMSF.

  • We give you advice on making a decision that is flexible, and designed to provide consistent returns at competitive prices.
  • There are many products that let you turn a lump sum into a stream of income, for all your life, or for a set period of time.
  • We will work with you to reach many decisions, like selecting the size of payments, choosing how the money is invested, drawing down your capital.
+ How it affects you

As from 1 July 2005 , compulsory superannuation contributions made by an employer for his employees must be paid into superannuation funds chosen by each of the employees. Please note that the employer may choose a default fund for the contributions to be paid into, in the event that an employee does not choose a fund.

+ New legislation

Choosing the right products and services for you is an extremely important decision bearing on your financial future. Some of the issues which you may need to consider are:

  • Which super fund should you go for?
  • Should you go for Self-Managed Superannuation Fund.
  • How can you have a mix of investments or managed funds, which are diversified across asset classes, geographical regions, investment styles and market capitalization?
  • How much should you be putting into your super fund?
  • What is your current situation and likely future needs?
  • How may tax and government welfare benefits affect your choice?
+ Replacement into my SMSF

Yes! As of the 1st July 2005 superannuation choice of fund means that you can instruct your employer to pay superannuation contributions to your SMSF.

+ We help you to make decisions
  • We give you advice on making a decision that is flexible, and designed to provide consistent returns at competitive prices.
  • There are many products that let you turn a lump sum into a stream of income, for all your life, or for a set period of time.
  • We will work with you to reach many decisions, like selecting the size of payments, choosing how the money is invested, drawing down your capital.