SELF-MANAGED
SELF-MANAGED
SUPERANNUATION
SELF-MANAGED
SUPERANNUATION
Take control of your financial future with a personalised Superannuation strategy
What is a self-managed superannuation fund?
A Self-Managed Superannuation Fund (SMSF), is a personal superannuation fund that you control and manage. It’s just for you and your family.
Instead of relying on a large industry or retail superannuation fund, you (or a company of which you are a director) become the trustee of your own fund. This gives you the flexibility to choose your investments, better manage tax and tailor your superannuation strategy to your specific goals.
Note: In exchange for allowing you to have your own superannuation fund, the ATO requires adherence to a set of regulations. First Samuel will help you navigate these.
How does an smsf work?
Establishing your SMSF: First Samuel will guide you through the process of setting up your SMSF, ensuring it meets all legal and regulatory requirements. And your needs.
Appointing your accountant: You will need to appoint an accountant to your fund. This is often the same as your personal or business accountant. We work with your accountant to ensure that every detail is considered.
Developing your Wealth Strategy: Your Private Client Adviser will work with you to develop an investment strategy and to guide your cash flow needs. You will receive ongoing advice on tax and superannuation changes.
Managing your Investment: First Samuel will establish your own SMSF investment portfolio. It will be designed and managed to meet your needs.
Compliance & Administration: First Samuel will handle the ongoing administration of your SMSF, ensuring all contributions, tax obligations, and reporting requirements are met.
Why Choose First Samuel for Your SMSF?
We do everything for you:
Dedicated Private Client Adviser: Your experienced First Samuel adviser is always on hand to manage your advice, investment and administration needs.
Individually tailored investment strategies: We design an SMSF portfolio that is aligned with your risk tolerance, investment preferences, retirement goals, and cash flow needs.
Direct investment & tax management: We will invest directly in a wider range of assets to optimise your returns and tax advantages.
Communication: You can talk directly to the person who manages your investments.
Streamlined administration & reporting: We do all of the record-keeping; you can view investment reports online; your portfolio will be independently audited each year; we assist with all compliance matters and our annual Accountant’s Pack will have all of the information he or she requires.
Succession and estate planning opportunities are also available via an SMSF to effectively manage tax outcomes when considering the future distribution of wealth.
First Samuel’s expert SMSF advisers can help you decide if an SMSF is right for you and assist you in determining the degree of outsourcing that is appropriate. To discuss any of this aspect, please contact us.