Superannuation or pension planning, is a way to save for your retirement. Superannuation money can come from a number of sources – employer super guarantee contributions, salary sacrifice or voluntary contributions.
Over the past 15 years a huge number of Australians have switched from Retail Funds to SMSFs. SMSF stands for Self-Managed Super Fund and is one option which may help you take control of your retirement funds and potentially lower your fees.
MBC have specialised in SMSF, set up and strategy for more than 30 years. We can help you ascertain whether a SMSF is right for you but here are some key points to consider.
A SMSF involves being in charge of your own superannuation and making your own investment decisions. Having control means you can invest in a wide range of investments, however you must also consider that performance, whether good or bad, is the result of your decisions.
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