Self Managed Superannuation Funds (SMSF)
The objective of this section of the First Choice Superannuation web site is to some information to help you decide wether a self - managed superannuation fund is for you.
We believe there is a growing need for accurate information about self - managed or, as they're sometimes called "Do It Yourself" ( DIY ) super annuation funds.
You like many others, may be disenchanted with both the performance and the charges of your existing superannuation arrangements. One alternative you may consider is running your own fund.
There are some technical issues on which you should seek professional advice - just as you would with many of your financial, legal and tax matters.
This is where our unique offering compliments the introductory information contained here in this section of our web site.
This section of the web site is designed to help you address the question of whether a self - managed fund ( as opposed to an institutionally managed fund ) should form part of your financial planning.
Take a moment to think of the fact that :
- There may be limitations on when supperannuation funds can be accessed.
- What your entitlements is, or
- What that money can be used for.
But this does not alter the fundamental fact that it is your money. Once you appreciate this, the real issue you must address becomes how best to acheive your objectives with maximum benefit to you.
Naturally a professional adviser can help you, but at the end of the day remember that it's you that has to decide whether:
- An institutional funds manager controls your supperannuation money, or
- Whether you, with appropriate professional assistance, do it your self, just as you would with other assets.
