SMSF WORKS - Self Managed Super Fund Specialists

Self Managed Super Fund Specialists For nearly two decades Self Managed Super Funds (SMSF’s) have been the fastest growing sector of superannuation. The number of self managed funds in operation has grown from less than 100,000 in 1994 to more than 400,000 at June 2009 with around 800,000 members.

Self managed super funds, also known as DIY super funds, offer a level of control and flexibility that cannot be matched by traditional superannuation alternatives.

Self managed super funds have many advantages for investors compared to using a traditional institutionally managed superannuation fund (see below).

Download our "Does a self managed superannuation fund suit me?" client presentation.

Refer also to the Australian Taxation Office publications regarding SMSF issues. If you know that you want to set up a self managed super fund you can download Setting up a self-managed super fund - What you need to know to help you through the process.

SMSF Strategies - Advantages

Please see below for some of the main benefits of having a self managed or DIY super fund.

Self managed super funds provide you with the opportunity to reduce income tax on investment income and capital gains;
Self managed super funds Increase the flexibility of investment choices and the asset selection;
Self managed super funds provide control over your total investment portfolio, with the ability to take account of the risk profile of all your assets, including those held outside superannuation;

Self managed super funds have between 1- 4 members in the fund and allow the pooling of resources of others with similar financial objectives (for example, a family unit);
Self managed super funds provide maximum flexibility in relation to the use of pension income streams such as Account Based Pensions inclusive of Transition to Retirement Income Streams;
Self managed super funds provide Increased flexibility to use the advantages
superannuation offers for those people trying to access Centrelink benefits such as the age pension;

Self managed super funds give you the ability to transfer personally owned shares and other listed securities directly into superannuation; and
Self managed super funds also give you the ability to own your business' real property (but not operating assets) in the superannuation fund, assisting funding and cashflow problems for many businesses.
Self managed super funds have the opportunity to borrow or gear an investment, via limited recourse borrowing arrangements, provided the asset is allowed under the rules of the SISA Act.