Stephen Vick discusses the establishment requirements for SMSFs, the common misconceptions surrounding these funds, and what to be aware of if you’re considering establishing your own SMSF.
At Nexus Private Wealth Management Brisbane, we have highly-skilled and experienced wealth managers to offer advice on SMSFs and help you develop strategies for wealth accumulation or capital preservation. This can include direct property investment, international equities and other investment options not available through industry or retail super funds.
When you establish an SMSF, you become the trustee of that fund. This means that you must manage your fund according to the trust deed and the laws and rules surrounding the operation of SMSFs. As most people don’t have a thorough knowledge of what this actually involves, our assistance will give you the confidence that your fund responsibilities are being met.
A self-managed superannuation fund (SMSF) can give you flexibility, investment choice, and control over the management of your superannuation benefits. SMSFs also offer additional tax saving opportunities over retail and industry funds.
At Nexus, our team of chartered accountants, financial planners, auditors, solicitors, and mortgage brokers can work with you to establish and/or manage your SMSF.
If you’re one of the growing number of Australians who are dissatisfied with the performance of your retail or industry superannuation fund, you might be thinking about alternatives. A self-managed superannuation fund has many advantages but requires skill and knowledge to set up and maintain. Contact us today to see if a SMSF is right for you.
Nexus Private Wealth Management has a team of professionals, including accountants, financial planners, solicitors, auditors and lending managers, to ensure your fund is implemented and managed in complete compliance with regulations.
Every sound investment strategy starts with the goals and objectives of the client. Superannuation is no different. Since self-managed superannuation funds are established with the sole purpose of providing retirement benefits to the fund members, it’s essential that retirement objectives are the focus of your first meeting with our expert advisors.
Getting the right advice to establish your fund is vital to achieving your unique goals. Our team of experts in Brisbane can help you get started.
We’re a privately-owned financial advice business based in Brisbane. We take a structured approach to assisting our clients, and the best way to do that is to ask some pertinent questions. We often identify areas that haven’t been thought about previously but are important to your fund’s success. You’ll get valuable advice from our experts who will highlight things that could otherwise be overlooked by cheap, non-advice SMSF service providers.
We help you clearly calculate the amount of superannuation needed to fund your retirement and consider strategies to build your nest egg. We’ll ask about the type of investments you’d like to hold within your superannuation. We’ll also consider if an SMSF is the best option for you over a retail or public fund. With the answers to these questions clearly articulated, we can design a superannuation plan that is unique to your circumstances.
The first step is for us to understand where you are now and have a clear picture of where you want to be and the things that are important to you.
We prepare well-considered plans that draw on a vast array of financial strategies and practical experience to achieve your objectives.
Our connected team of specialists take a collaborative approach to ensure superior outcomes now and into the future.
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Nexus Private Wealth Management is made up of the following companies: Financial Planning Advice is provided by Nexus Private Financial Planning Pty Ltd – ABN 58 159 649 055. Authorised Representative of Madison Financial Group Pty Ltd (MFG) – ABN 36 002 459 001 (AFSL No. 246679) | Investment Property Advice is provided by National Property Advisory Pty Ltd – ABN 52 159 828 038 (REA no. 3565433) | Lending services are provided by Nexus Private Lending Services Pty Ltd – ABN 37 169 705 926 (ACL no. 463839) | Accounting and Taxation services are provided by Nexus Private Accounting Services Pty Ltd – ABN 84 169 784 329 (RTA no. 25331778)
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