Self Managed Superannuation Funds (SMSF)

A Self Managed Super Fund (SMSF) can be a great way for you to take control and ownership of your superannuation monies and to provide for your retirement. With over 20 years’ experience of working with clients to set up and manage their own SMSF, we are able to help you decide whether a SMSF is suitable, or if there are better options for your superannuation savings.

We Provide Advice Specific To Your Needs

We can help you establish a SMSF and provide strategic, financial planning and investment advice to ensure you maximize the use of your SMSF. We can also assess your personal situation and advise if an SMSF is not suitable for you.

Some of the benefits of owning a SMSF include:

  • Choice in being able to invest in assets which are not available in a retail or industry super fund. Eg direct property and being able to do active share trading.
  • Control over your superannuation monies and retirement planning. Having the opportunity to make active decisions about where and what to invest in, building a strategy tailored to your specific needs, at different stages of your life.
  • Flexibility to make changes, to suit the prevailing investment conditions and circumstances, which can be integrated with effective tax strategies.
  • Transparency on performance and returns by your investments. You’re in control and can monitor and see how investments are performing, at all times.

A SMSF isn’t for everyone, but they are an increasingly popular way for people to take control of their retirement planning. It enables the trustee to make decisions which are suitable and beneficial to the members; this is their point of difference from traditional retail and industry super funds, which make decisions based on group requirements.

The performance and responsibilities of owning a SMSF is dependent on the trustees. You can use professionals like accountants and financial planners to assist you in performing your trustee duties. Owning a SMSF gives you the power and autonomy to be actively involved in managing your own superannuation and planning for your retirement. There are risks inherent with this, which is why SMSFs are not suitable for everyone.

Two Common SMSF Mistakes

  • Choosing the wrong trustee structure for your SMSF. You can establish your SMSF with a corporate trustee or individual trustees (one to four). There’s pros and cons for both options, so talk to us today about what’s best for you.
  • With power comes responsibility. SMSF trustees are responsible for the administration and compliance of their SMSF. Failure to complete these requirements, could result in financial penalties and/or disqualification as a trustee.

Contact SMSF Strategic Advisors
At SMSF Strategic Advisors we can provide advice on a range of matters to deal with SMSFs, including their creation, investment strategy and financial planning advice. We do not provide SMSF Administration. For more information contact us on (07) 4225 5428 or info@smsfsa.com.au

Client Testimonials

Our firm was one of the lucky recipients of a signed copy of your book as a kind Christmas gift from Rod Harris at TeleBiz in Cairns. As the title and back cover grabbed my interest, I made a point of starting to read it after returning to work yesterday. Having now finished it, I just thought I should let you know how much I enjoyed reading it. Not only was it very relevant to the current circumstances of myself and Jodi, but it was clearly and succinctly written and easily understandable. It was very reassuring to understand, much more clearly than I previously have, the benefits of having in place our SMSF and how we can make this work for us much more effectively moving forward. As we have all the right tools in place, and now having a much better understanding of many of the options open to us in utilising the fund, and our investments, I’m inspired to take a much greater interest in this side of our affairs. I’m looking forward to focusing more on this during the coming months than I have previously done, and also to improving our investment strategies. Thanks so much for the great information and the inspiration.

Mark Peters - Peters Bosel Lawyers Cairns

An arms-length referral by another professional is one of the greatest compliments that could ever be given. You are effectively trusting that your clients will be looked after with respect and the highest possible quality professional and personal service available. The risk of a bad experience for a disgruntled client could result in collateral damage back to our practice. I have been referring clients to Rita for a number of years after meeting her through a mutual client. At that time, I was disillusioned with the financial planning space after receiving considerable negative feedback from clients. Looking back, referring clients to Rita has been one of the best business networking decisions I have made. The feedback from clients has been excellent and the communication between Rita and our office has been proactive for the benefit of our mutual clients. I have found Rita to be honest in her dealings with clients, ensuring that their best interests are a priority over and above any potential financial gain for her business. Vipiana & Associates are proud of our relationship with Rita and her team at SMSF Strategic Advisors and we look forward to many more years of working together for the benefit of our clients.

Allan Vipiana - Vipiana & Associates Accountants & Advisors

Rita’s service is thorough and personalised. She leaves no stone-unturned – and discovered several ways for us to save money rapidly, without sacrificing our lifestyle. Would I recommend Rita? Absolutely!

Mark and Belinda Allen

Rita, the “nine year” plan we undertook when you first set up our SMSF is now completed. As of October 2018, our pension/SMSF is totally tax free to the kids. Thanks!

Patsy Bilic - Silkwood

Our first meeting with Rita was held a few days before Christmas. We were meeting with our bank manager to discuss some business restructuring options prior to my father-in-law leaving for overseas in the next few days. As our bank manager recommended Rita, we phoned her during the meeting to see if we could arrange an appointment. As I explained that we were trying to make some major decisions about our business and our self-managed super fund, Rita dropped what she was doing and came around to our home immediately to join our meeting. She asked very intuitive questions and listened intently before she gave some sound, direct advice that has helped our family know we could move forward financially and restructure the business to provide peace of mind to both sides of the family. From day one Rita’s enthusiasm, thoroughness, sound advice and absolute dedication to do her best for us has been undoubtably evident. We are very fortunate to have her as our financial planner and now our friend.

Jane Mitchell - Nordig NQ Pty Ltd

Having been self-employed for the majority of my working life I have always been very focused on my business, but never seemed to find the time to plan for retirement. An opportunity came up to purchase the office I was renting, and I looked into buying it through a SMSF. After some research it seemed far too complicated and I had almost given up when I found Rita. From the first meeting it was very evident Rita had all the answers. I needed to set up a SMSF and borrow to purchase the office, and with a positive and proactive approach Rita made the whole process easy. Thank you Rita – rather than paying rent each month I am now getting one step closer to retirement.

David Jaunzems - Cairns Beaches Realty

Our accounting practice communicates with clients regarding their superannuation and retirement goals. We are also often asked about borrowing through self-managed super funds, or we may identify planning opportunities for clients using their super. Whilst we can identify these issues or opportunities exist, we do not have the expertise to advise or deliver outcomes. That’s where Rita comes in. Having worked with Rita for many years, we are always confident to recommend her services. She works closely with us and provides thorough and practical advice to our clients. This strengthens our client relationships because they are getting results.

Miriam Eagle FCPA - Partner – Eagle Accounting, Cairns