Morningstar (one of the world’s foremost investment research analysts) has taken the initiative to provide SMSF Trustees this week some tips, ideas, concerns and strategies to help navigate and understand their rules and obligations and to provide an in depth look at the types of investments available to Members of SMSFs. We plan to provide to our clients, subscribers and people interested these articles with the hope of arming you with relative information to make informed and better decisions.
This first article explores 3 Good Reasons to have a SMSF. A recent survey conducted by RaboDirect highlighted some intesting findings about SMSF Members.
1. Members that control their own superannuation are generally more happier and healthier;
2. Members of a SMSF plan to have $1million saved in superannuation compared to other superannuation members; and
3. Members of a SMSF know how much they will have in superannuation before retirement.
All 3 benefits sounds pretty good to us. Attached is the article for your happy reading.
If you have or are considering establishing a SMSF please contact our office 07 3421 0100 or email us at info@mywealthcare.com.au to find out more and how we can help you.
