Are you ready to take full control over your super?

 

Self managed super funds have become a popular way for Australians to build their retirement savings.

 

In fact they’re now the fastest growing part of the superannuation market, with more than one million of us being members of an SMSF. ^

 

Thousands of SMSFs are being established every year and, with more than half a billion now invested, they represent about one-third of Australia’s total superannuation savings.   

 

According to Charles Choong,  the popularity of SMSFs can largely be attributed to the fact that more and more people are deciding to want to have greater control over their investments.

 

“People want the flexibility to make their own decisions about what to invest in, and the ability to change direction quickly, if needed,” says Charles. 

 

Technology is another factor that has contributed to the growth in self-managed super funds, it has also help simplify the management of ongoing and changing SMSF compliance tasks, according to Charles.

 

“Members of SMSFs have annual reporting obligations and other rules they need to stay on top of, and these rules don’t apply to the average retail super fund member,” Charles said. “A professional, online administration service can be an affordable option that reduces some of the legwork that was previously required of SMSF trustees and their members.”

 

If you think a self- managed super fund could be right for you, or if you’re simply interested in understanding a bit more about them, you should get in touch with Charles Choong.

 

Charles will talk to you about your personal financial situation and your future goals and will help you decide whether an SMSF is suitable for you. This will involve a discussion about the benefits and challenges of running your own super fund, including set-up and operating costs and ways to make it easier than you might think.

 

Are you ready to manage your own superannuation? Find out for yourself by booking an appointment with Charles Choong on 03 9654 9886, or send an email to firstpacificfs@gmail.com.  For more details, please visit our Company Website www.firstpacificfs.com.

 

 

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^ Self-managed super funds: A statistical overview 2012-13, Australian Taxation Office.

 

*Charles Choong (ARN 244 731) is an Authorised Representative of Professional Investment Services (ABN 11 074 608 558), Australian Financial Services Licence 234 951

 

 

General Advice Disclaimer

 

The information provided on this website has been provided as general advice only. We have not considered your financial circumstances, needs or objectives and you should seek the assistance of your Professional Investment Services Pty Ltd (PIS) Adviser before you make any decision regarding any products mentioned in this communication. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither PIS nor its related entities, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information.