Self-Managed Super Funds (SMSFs) are a great way for individuals to take control of their financial future. SMSFs allow you to make investment decisions that are in line with your own financial goals for retirement. Cortex Accounting can help you understand your options as well as your obligations.
When you self manage your super, you are in the driver’s seat of your retirement savings. The choice of investment options is up to you – from shares and bonds, to property, investment companies and exchange traded funds.
There are many benefits in operating an SMSF. These include having a more autonomy in decision-making, capacity for greater scope in the mix of investments, lower fees compared to industry/retail super funds, and the possibility of generating better returns from your investment.
However, these benefits are accompanied by a large number of obligations. That’s where we come in! Cortex Accounting can help you manage the compliance required when you self manage your super fund.
At Cortex Accounting, we help you understand the regulations that relate to SMSFs when it comes to your administrative and compliance obligations. We simplify the often-puzzling requirements set out within taxation and super legislation, and work together to take maximum advantage of the opportunities for wealth accumulation.
For example, estate planning strategies may allow families to pass wealth from one generation to the next by combining resources. So too, there may be tax benefits to be found in segregating accounts and sharing imputation credits.
These are all strategies that Cortex Accounting can assist with.
We remain up-to-date with changes to the regulatory framework. When there are changes, you can rely on us to inform you and help you manage the changes.
It doesn’t matter whether you already have self managed super, or are thinking about self managed super funds for the future, we can support you with the right advice to derive the maximum benefit from your financial resources.
If you would like to grow your wealth to secure your lifestyle in retirement and maximise the return for your family, speak to us today.
Let’s Talk