Setting up a new SMSF
A new SMSF requires a few things to be put in place to ensure it complies with superannuation laws. We can help you get it established.
Transferring an existing SMSF
If you already have an SMSF administered by your accountant or another SMSF administration provider can you transfer it to SuperConcepts.
An SMSF must have an investment strategy which sets the guidelines for how the assets will be invested. The key component will be the allocation to different types of investments.
Types of investments
SMSFs can invest across a wide range of investments. Shares, property and cash are the most common investments but many others are also allowed.
SMSF Contributions are usually made by you or your employer but can be made for a spouse or child. Contributions can be made in cash or by the transfer of investments.
Lumps sums and pensions
You can access your superannuation in the form of lump sums or pensions after you have met your preservation age and retired or once you are 65.
SMSFs benefit from favourable taxation laws to encourage Australians to provide for their own retirement.
SMSFs need to ensure they comply with legislation. We can help you make sure you have the appropriate processes in place.