SMSF Basics – Cons of Self-Managed Super

Cons of Self-Managed Super

SMSF Roadmap introductory Seminars in Melbourne CBD or suburbs to assist you with your Self-Managed Super

Having a Self-Managed Super Fund (SMSF) does not mean all is smooth and easy. Before you set one up, consider there are Cons of SMSF:

  • Responsibility is on you as trustee – Penalties can be up to: 46.5% tax, and other fines;
  • Administration involved is quite substantial;
  • Your suitability to manage investments needs to be considered;
  • Complaints – there is no access to Super Complaints Tribunal;
  • Commitment and work involved is more than it appears;
  • Hard if you do not seek assistance with investment knowledge and compliance responsibilities.

Consider having the set-up, administration and compliance handled for you, so you can focus some time learning to invest the money and become an astute and competent investor. Wouldn’t it be great if a team came together and handled these areas of expertise, with FREE set-up, as well as all administration, and then you could assess independent professionals at any time and go to investment strategy and education workshops at an all-inclusive, competitive fee (100% tax deductible)? Well you can, attend one of our SMSF Roadmap introductory seminars in Melbourne CBD or suburbs (see Seminars), email us, or call Paul directly Aust 0407 361 596.


About SuperBenefitnews

Self-Managed Superannuation Service Providers in Australia. SuperBenefit will SET UP your SMSF and provide investment education for a better result. We take care of all your administration, accounting, ATO lodgement and audit of SMSFs, working with you and your advisors. If you want advice we can arrange one of our recommended advisors and accountants to meet with you, as we do not give advice, but take instruction only. Take control of your super, including property shares and other assets. Learn how to be your own advisor - make better decisions - by being mentored and coached to invest your own super wisely and strategically by qualified partners. Book to come to an event to find out more, or - Call us 0407 361 596, no obligation FREE strategy call.
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