If you would like greater flexibility and control over your retirement savings and how they’re invested, you may want to consider setting up a self managed super fund (SMSF).
As the name suggests, you manage the fund and decide how to invest your money. You have a wider choice of investments than in many other superannuation options. The fees are generally lower too, and the flexible nature of SMSFs allow you to benefit from the significant tax advantages that superannuation provides. You also have the flexibility to make timely investment decisions when market conditions change.
The SMSF can have up to four members so you can include your family, giving the fund more to invest and keeping fees lower for everyone.
Whilst Self-Managed Super Funds exhibit fantastic benefits in terms of control, tax savings and flexibility, they are not always right for everyone. Before deciding to set up an SMSF for the purpose of property investment, it’s important that you talk to a licensed financial advisor who will discuss your specific financial situation, investment objectives, set up and management of the SMSF and fees associated with doing so.
At RPM we refer our Clients to MASU Qld to provide financial advice on establishing an SMSF. In doing so RPM are not licensed to provide financial services and are relying on the exemption contained in the Corporations Regulations 2001, in particular regulation 7.6.01(1)(e).
Masu Qld Pty Ltd is the Authorised Representative (Authorised Representative Number 322095) of MASU Financial Management Pty Ltd (AFS Licensee 231140) and they are responsible for the financial advice provided. RPM sources and selects the residential investment for our Clients once their SMSF is established and our affiliate financial planner has discussed investment objectives.
For a complimentary (one-on-one) consultation on investing into property through your SMSF simply enquire online today or contact us to arrange a time.
With over 20 years experience, we provide a full home debt reduction and property investment planning service to our Clients. We simplify and streamline what can be a complex process.