Benefits of self-managed superannuation increasingly popular for Geelong residents

March 29, 2019

With many of Australia’s top performing super funds recently being slammed for high fees, having control over your own super is looking more appealing than ever.

For people in Geelong superannuation is vital when it comes to having a comfortable retirement. And with information such as last year’s eye-opening report by the Productivity Commission that questioned the transparency and performance of the super industry, it’s not surprising people are seeking professional advice about setting up their own self-managed superannuation fund (SMSF).

At CD&G Accountants, we know that many people enjoy the ‘hands-on’ nature of having a SMSF. This approach gives you greater ability to chart your own path when it comes to investments for your fund.

But it’s vital to research the situation extremely carefully first. Our professional, experienced team at CD&G Accountants can help you set up and find the best structure for your SMSF, ensuring you get the building blocks and compliance issues correct from the start.

If you go down the path of managing your Geelong superannuation, then it’s important to realise that it goes hand-in-hand with added responsibility and a greater workload. That’s why it’s necessary to make sure everything is correct right from the start – and that’s where our team is a real asset.

At CD&G Accountants, we’ve been providing quality advice for individuals, partnerships, companies and trusts on SMSFs for years.

Our CPAs will work with you to find the best set up, structure and strategies for your fund so you can have direct control over your superannuation over the coming years.

That means you are in the driver’s seat, steering your fund in its chosen direction. But there’s peace of mind in knowing that our experts can help you get the super ‘vehicle’ in good form right from the starting flag.

SMSFs are attractive for a range of reasons including the fact that they can have lower costs and fees than many of their industry and retail counterparts. It’s also possible to manage superannuation for up to four members in one fund. And it’s well worth checking out the estate planning benefits that flow with SMSFs.

If you would like to know more about managing your own Geelong superannuation, it’s time to talk to our quality team at CD&G Accountants. We are here to help people to effectively manage their investments, achieve greater returns and ensure compliance, so contact us today to book an appointment.