A Self-Managed Super Fund May Be The Answer To Retirement Woes

Dec. 17, 2010 - PRLog -- Australia December 17, 2010
First off, what exactly is a self-managed super fund?  The answer is simple: sometimes known as Do It Yourself funds, these demarcate the holders of a small superannuation fund that is established between one and four people.  Having this sort of control means that these demarcated members have complete control over the operation of the fund and decide what investments the fund will invest in.

This option is great for people who are seeking greater control over superannuation, want to work with their own tax concessions, and have a direct hand in their estate planning.  It can be a great opportunity for people who are looking to step up their own direct responsibility in their investments, or even for small business owners.  It works best if there is a reasonable amount of money involved – this isn’t a reasonable investment for a person whose net worth is $150,000 or less.

If a self-managed super fund sounds like something that would help you plan more responsibly for your future and the future of those who are beneficiaries of the fund, you are encouraged to contact the specialists at http://self-managedsuperfund.com.au.  There are a number of requirements that must be fulfilled before a person can become the holder of a self-managed superfund: some of these include residency of Australia, being 18 years or older, and not being considered mentally impaired.  

Once you have talked with an advisor and decided that a self-managed super fund is the right step for you, the experts at http://self-managedsuperfund.com.au will be able to make sure that you are on the right path with a self managed super fund.

Media Contact:
Harlan Marriott
The Self Managed Super Specialists Pty Ltd
Level 1, 239 King Street,
Newcastle
NSW 2300
Australia
1300 58 76 73
info.managedsuperfund@gmail.com
http://self-managedsuperfund.com.au