Bennett & Philp provides advice on the legalities of superannuation including the establishment of, and transactions involving, self-managed superannuation funds (SMSF).

If you already have an SMSF but it has insufficient funds to purchase real property, why not consider establishing a limited recourse borrowing arrangement which will enable your SMSF to borrow to meet the cost of acquisition of real property? Such property is able to be used to accommodate your own business, or it could be used as a rental property.

We also partner with the leading financial advisory, and superannuation specific, firms in Queensland to provide clients with a comprehensive service in matters relating to superannuation.

Limited Recourse Borrowing Arrangements

We are industry leaders in advising on and producing documentation for SMSFs to enter into Limited Recourse Borrowing Arrangements with financiers.  We have developed, in conjunction with leading Superannuation Counsel, an approved suite of documents for both the custodian trust arrangement and loan aspect associated with the transaction.

Our documents have been tried and tested and approved by all major lenders.

With the benefit of a highly experienced property section, we also provide all services ancillary to the Limited Recourse Borrowing Arrangement, including conveyancing services.