A Self Managed Super Fund (or SMSF) is a Superannuation Fund where you, the members, are also the controllers of the Fund. As the Trustee, you have total control over the Self Managed Super Fund. You establish the investment strategy, and are ultimately responsible for everything that happens within the Fund.
What is a self managed superfund
What is a self managed super fund loan?
An SMSF loan is a home loan used by a self-managed super fund (SMSF) to buy investment property. The returns on the investment – whether that’s rental income or capital gains – are funnelled back into the super fund, increasing your retirement savings. Investing in property within superannuation is not as straightforward as investing outside the superannuation environment. All investments need to be in the best interests of fund members and in accordance with the laws around SMSF borrowing. As such, any property investment should have an income stream and realistic prospects for capital growth.
How do i set up an SMSF super fund?
The best way to do this to chat to a Financial Planner. Have a Chat With Us or visit our office and we can arrange this for you. We are located in Birkdale, servicing all areas of Brisbane, Gold Coast and the Northern Rivers.