Advantages of SMSF
Advantages of SMSF include:
Control
A Self Managed Super Fund (SMSF) provides maximum control over your superannuation assets and allows you the flexibility to decide how your funds are invested and how the fund will operate. Investment Choice – a SMSF can be structured to meet the specific needs of members. The fund must have an investment strategy and it can invest in a wide range of investments including property, shares, cash or other assets that suit the investment objectives of the self managed super fund. The whole reason (sole purpose) for a SMSF is to establish a fund to support members in retirement. Opportunities for investment gearing also exist.
