Self Managed Superannuation Fund (SMSF) allows people to take more control of their Superannuation. As most Australians will rely Superannuation as a means of funds when they retire or scale back on working, this can add a much wider range of options and possibilities with how effectively one can work towards achieving their retirement goals. Due to the recent effects of the Global Economic Crises stemming back to 2008, Self Managed Super Funds have become more prevalent in retirement planning due to the varying abilities that they present. Notably, new Superannuation legislation has allowed the introduction and possibility of buying real property for investment purposes through a Self Managed Super Fund. Specific regulations must be abided by when taking this approach. An investment property or asset acquired through a Self Managed Super Fund has the ability to provide various benefits as opposed to acquiring property or assets outside of Superannuation. Planning Box financial professionals strongly suggest you seek our professional specialist advice when looking at this field of investment as there are many underlying requirements that must be met when considering this type of financial strategy.
Self Managed Super Funds
