A Self Managed Superannuation Fund is a superannuation fund controlled by the trustee for the benefit of the members.
The use of a Self Managed Superannuation Fund is often the chosen strategy in achieving wealth and succession planning objectives due to the tax concessions afforded to super funds and in order to utilise the members' superannuation contributions for investment and growth when they would otherwise be tied up until pension stage. The use of a Self Managed Superannuation Fund allows the members to choose and control the investment of superannuation monies including contributions for the purchase of assets such as business real property, with highly beneficial taxation treatment.
Contact us today for further information on Self Managed Superannuation Funds. For property acquisitions and borrowing by Self Managed Superannuation Funds specifically please visit our Limited Recourse Borrowing Arrangements page.
If you would like to make an enquiry regarding self managed superannuation funds please call our business and commercial law team on +61 7 3001 2999 or enquire on-line.