Self Managed Superannuation Funds – BackgroundSelf Managed Superannuation Funds (SMSFs) are a growing and popular alternative to traditional superannuation funds. According to APRA as at 31st March 2011 SMSFs are the most popular with almost 32% of total superannuation monies invested via SMSF some $392 billion. Life Strategies Financial Services was established in 1995 to provide the freedom to recommend Self Managed Superannuation Funds when they were not as common as they are today. The team at Life Strategies bring over 20 years of experience in providing Financial Planning advice and Accounting services to SMSFs. The main reasons given for starting up a SMSF include greater control, flexibility to acquire certain assets including direct property and lower costs. |
However they are not appropriate for everyone and we recommend you discuss SMSFs with your Adviser and do your research.The following links provide background information on SMSFs. |
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