Self Managed Superannuation Funds (SMSFs)

Self Managed Superannuation Funds (SMSFs) from WCA Chartered Accountants

By: WCA Chartered Accountants  22-Nov-2012
Keywords: Insurance, Superannuation, Insurance Calculators

Self managed superannuation funds are similar to other super funds as they are designed to help you build your super savings so you can have the lifestyle you want in retirement. The key difference is that all members of SMSFs are trustees and directly control the fund. They are responsible for the fund’s assets and investments, paying the benefits and ensuring that the fund is compliant. While Self Managed Super Funds can mean more control and flexibility over your super savings, they are not for everyone as they require a much higher level of time and attention to administer and manage.

Keywords: Insurance, Insurance Calculators, Investor Managed Funds, Self Managed Superannuation Funds, Superannuation, Superannuation Calculators

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