Self-managed super: is it right for you?

Investing in your future the right way will unlock your financial freedom later on in life. Make the time now to understand your options, so that you can maximise your retirement benefits. Setting up a self-managed super fund (SMSF) gives you the control to invest and structure your retirement fund.

If you set up a SMSF, you’re in charge – you make the investment decisions for the fund and you’re responsible for complying with the super and tax laws. This is a major financial decision and you need to have the time and skills to do it

Everalls Wealth Management senior adviser Ray O’Toole says that “a SMSF is ideal for DIY investors who prefer to make their own investment choices for their retirement rather than leave their superannuation to be invested by others. A SMSF can also be more cost-effective in certain circumstances.”

“Once we’ve determined that a SMSF is appropriate we can provide ongoing investment advice and administration support. We can also assist clients who decide that the SMSF option doesn’t suit their situation.”


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