Self-Managed Super Funds
What are Self-Managed Super Funds?
Self Managed Super Funds or 'SMSF', are popular among individuals that wish to have more control of their financial future. This became particularly apparent after the 2007-2008 crash. A SMSF allows you to allocate a financial advisor of your choosing to help make a financial plan. It also allows an individual to make their own financial choices within the operation guidelines of a regulated Self Managed Super Fund.
Why use Self-Managed Super Funds?
A SMSF gives you the investor greater control over your funds. This can also eliminate operating costs if there is more than one person in the SMSF. If a direct investment in property was desired then this is one of the most efficient ways of being able to accomplish this form of investment within superannuation.