Review My Super

According to the ATO, there is now more than 490,000 funds set up with some 1 million+ trustees or beneficiaries of these funds. This is because they market a selection of advantages over other traditional super funds like industry or retail superannuation funds. These advantages include greater control over how the fund’s assets are invested, the ability to invest directly into residential and co

mmercial property, with the possibility of borrowing. SMSF’s also have the capacity to cater for various tax advantages, ability to pool funds with family and in a lot of cases, the real possibly of lower running costs and greater risk management.