What are the advantages of a Self Managed Super Fund?

There are four main benefits of managing your own super fund:

• Control - you choose how your assets are invested. With our assistance you can monitor how those investments perform and make appropriate investment decisions
   
• Flexibility - As you have total control of your fund, you can switch or modify investments as you see fit. And you'll be able to make prompt 'corrections' to your investment plan. You can link your fund with your overall financial plan. For example, your self-managed super fund can be used for both accumulating assets during your working life and for income during retirement by converting to an allocated pension
   
• Tax Savings - Superannuation funds can use credits from franked dividends to reduce the 15% tax rate. In a self-managed fund you are in a better position to plan your investments to reduce this tax rate. In fact, some strategies can reduce this down to an effective tax rate of 0%
   
• Cost Savings - To quantify whether a self managed super fund is right for you we provide a fee analysis of your current superannuation arrangements and the cost savings from implementation of a self-managed fund.