Why setup a self managed super fund?

Why setup a self managed super fund? from Itrust Tax and Accounting

By: Itrust Tax and Accounting  25-Nov-2012
Keywords: Superannuation, Accountancy Services, Tax Services

If you are looking to join the flood of people now taking control of their superannuation, find out why they do below: A recent ATO survey of 2404 respondents shows the most poplular reasons for members setting up their own sefl managed superannuation fund are: % Reason 86% Control of investments 65% For greater flexibility over investment options 54% I believe my SMSF can perform better than the previous superfund 35% Better tax planning 31% To save money on fees 24% Desire to have my family in the same fund 24% To consolidate a number of super accounts 19% Due to recent tax concessions/incentives 6% I retired other reasons include: I became self employed I changed employment I accepted a redundancy To transfer super funds from overseas iTrust Tax and Accountants have found that the most important things that an SMSF can provide to you are: Peace Of Mind Security Confidence

Keywords: Accountancy Services, Accounting & Tax Services, Managed Super, Self Managed Super, Self Managed Super Funds, Self Managed Superannuation, Self Managed Superannuation Funds, Superannuation, Tax Services

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