Self Managed Superannuation Funds

Self-managed superannuation funds (SMSFs) continue to be the fastest growing sector of the Australian superannuation landscape.The sector is bigger than the industry superannuation sector, all retail superannuation and public service super; and growing more quickly for good reasons. For many couples who have or will shortly have more than $500,000 in superannuation, they offer the preferred vehicle to superannuate. Advantages of the use of SMSFs include but are not limited to:

  • Greater control and flexibility: in our opinion, the preferred vehicle to manage the relationship between risk and likely reward
  • The widest potential range of investment choices: more important since the onslaught of the Global Credit Crisis; including direct investments, as well as managed investments not accessible otherwise.
  • The only way to get a Commonwealth Government guarantee over a large portion of the critical defensive investments of your portfolio. Unless you work for the Commonwealth Government you probably can’t access this any other way.
  • Fee savings, dependent on the mix of assets.

AccuVest acts as an adviser/mentor/administrator to Trustees of SMSFs, assisting them to discharge their compliance, reporting and other administration obligations, efficiently and with ease.
The ATO provides limited resources to assist trustees and those considering setting up new SMSFs here.