we will do it together
You are ambitious and want to control your own superannuation fund.
We can help you:
A SMSF Specialist Advisor is a professional advisor who has undertaken a program for SMSF professionals through SPAA and consists of examination, referee checks and CPD activity. Panbo Ye SSA, FCPA, AFP at your service.
Ask a question and we will get back to you shortly.
SMSFs provide a range of investment options. Trustees can potentially access direct shares, high-yielding cash accounts, term deposits, income investments, direct property, unlisted assets, international markets, collectables and more.
Like all super funds, SMSFs benefit from concessional tax rates. In the accumulation phase, tax on investment income is capped at 15%; in the pension phase there is no tax payable, not even capital gains tax. Carefully considered tax strategies which can help you grow your super savings and reduce tax payments as you transition to retirement.
SMSFs allow multiple members to run a variety of accumulation and pension accounts. You’ll be able to adjust your investment options as it suits you, allowing for a fast response to changes in market conditions, super rules or personal circumstances.
SMSFs offer significant transparencies that allow trustees to align their personal goals with their investment decisions. Whether you’re passionate about property, shares or sustainable and ethical investing, SMSFs provide a platform which allows you to understand where your money is invested with complete visibility over performance and tax treatment
Investing on your own can be risky.
All investments come with some level of risk. However, the more investment experience you have, the better you’ll be at managing this risk. You need to be confident in your ability to create and manage your SMSF investment strategy. If not, you may be better off staying with a regular super fund that manages these investments on your behalf.
SMSF regulation is constantly changing.
You may understand all the regulations and policies concerning SMSFs, but laws are constantly being amended. Therefore, you run a risk of not keeping up to date with relevant legistlation and you risk being penalised. Because these regulations are constantly evolving, it can be easy to get caught out.
A SMSF could end up costing you more.
A SMSF could end up being more relatively expensive to manage compared to the fees you’d pay in a standard super fund. There are set-up fees, annual reporting and auditing fees as well as ongoing admin and investment management fees to consider. Additionally, if you decide to pay for professional investment advice and planning, you’ll be paying even more.
— Panbo Ye
Do NOT trap yourself into selecting the best solution as there is no such thing. Each option is double edge sword and there are pros and cons. It is important to know your goals before discovering solutions with us. What your goals? Tips: pay less tax and earn more wealth are NOT goals, they are habits.
Think about your goals and what you really need.
Stick to your plan but don’t be stubbon. Do it right.
Review your plan, review the situation and adjust them accordingly.