Superannuation
including Self-Managed Superannuation Funds (SMSF)
Page Financial offers a range of approaches for managing your super. We can help you find the right superannuation arrangements for you.
We can also assist with strategies to save tax and accumulate wealth more effectively.
Many people worry about superannuation because of the complexity and legislative risks involved. However, the tax benefits are significant and usually outweigh the disadvantages hence it is important to consider the use of superannuation as a vehicle to save for your retirement.
Superannuation is “preserved” or locked away and can only be accessed once you have met a condition of release which is usually turning 65 or retiring.
Although not suitable for everyone, with additional risks and responsibilities involved, Self-Managed Superannuation Funds (SMSF’s) can be even more flexible than standard retail and industry superannuation arrangements.
Some of the benefits and risks of SMSF’s include:
- Greater flexibility and control
- The ability to invest into direct property
- Limited recourse borrowing arrangements
- Pooling family superannuation assets
- Improved estate planning arrangements
- Being personally liable for the funds decisions when acting as trustee
- More time and involvement needed to administer
- Winding up SMSF’s can be difficult in certain circumstances
It’s important to seek advice about what type of arrangement is suitable.
Finding the right solution for you is something we are passionate about at Page Financial Services.
"Gimli has always exceeded expectations in regard to customer service, product knowledge and piece of mind in making sure we are comfortable with our investments. He always encourages personal contact. All good.
The super has performed well over the years and we feel that the advice given when changes to parts of super is needed has worked well for us. Thanks for the recent review of our super and recommendations which was a pleasant meeting and look forward to our next review."
- Kevin M (73)