For an ever increasing number of Australian’s looking for greater control and value from their superannuation, the Self Managed Super Fund (SMSF) appears to be the retirement vehicle of choice. There are now in excess of 500,000 SMSF’s in existence, with more than 1,000,000 members and rising fast. More and more people are discovering the benefits of a SMSF.
The key driver of this growth has been the desire of individuals to gain greater control over the investment assets of their fund, rather than leave it to fund managers. However, what is not widely known are the other key benefits of a self managed superfund that along with investment choice, makes Self Managed Superannuation such a powerful retirement vehicle. Some of the benefits of a SMSF include: