A self-managed superannuation fund can be valuable to people who want maximum control of their fund’s investments, especially when they own their own business, if the fund can buy and lease back property.
Should the worst happen a superannuation fund also gives some of your assets a degree of protection from creditors.
Super funds can now borrow to buy assets, though the procedures are complex, opening up even greater opportunities for mutual benefit between a fund and a business.
However, “self-managed” is a bit of a misnomer: properly managing a super fund in accordance with all the relevant legislation is not a task most people would relish. Black Swan is able to help with day-to-day management services and advice on the major decisions you will need to make. They also maintain close relationships with accountants, auditors and solicitors who are expert in superannuation.
For more information or for a no-obligation initial consultation, contact us.
