With the tax advantages of superannuation funds and the control of a private investment, the Self-Managed Super Fund seems to provide the best of both worlds. Like every investment vehicle though, there are pros and cons to consider before deciding that this is the answer for retirement provision for you and your family.
Investment choices should always be informed, and that doesn’t only apply to the fund, it also applies to the choice of fund to use. To make an informed choice about the Self-Managed Super Fund option for retirement provision, here are some pros and cons of the fund to consider.
The key with the Self-Managed Super Fund is understanding the limitations. This is especially true of the commitment required, and how the assets the fund holds can be used. However, for those who want active control of their funds and have the necessary time and investment experience, the Self-Managed Super Fund is a fantastic option, which is why so many are starting them each year.
For the full breakdown of Self-Managed Super Funds check out our article: The Self-Managed Super Fund and why you should have one
We welcome you to give our team a call to discuss your investment goals and objectives.
You can call Walker Capital Australia on +61 2 8076 2210, and we’ll see how we can help you achieve your investment goals.