Is an SMSF right for me?
Managing your own superannuation does not suit everyone – but if you are one of an increasing number of Australians wanting to take control of your retirement planning, a self managed superannuation fund (SMSF) may be the answer.
Key SMSF Benefits
Acknowledged as one of the most tax effective structures for wealth creation, SMSFs offer a number of key benefits, including:
- tax efficiency*
- potential cost savings.
With added control, flexibility and potential cost savings, SMSFs may provide a number of advantages over other superannuation funds.
* ANZ strongly recommends you consult with your tax adviser.
The information provided is general information only. The content does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. As trustee of a SMSF you are responsible for the compliance of the fund. You should be aware that there are severe consequences for failure to comply with the superannuation laws. For more information please visit the Australian Tax Office website or seek independent advice. ANZ strongly recommends that you (as trustee of a SMSF) seek independent professional advice in relation to your personal responsibilities and potential liabilities before making any investment decisions, as a breach of superannuation laws can result in substantial penalties.
You need Adobe Reader to view PDF files. You can download Adobe Reader free of charge.