Superannuation for Geelong residents

How to know what type of superannuation is best for your long-term future

With the COVID-19 pandemic triggering financial panic across the world, you may have concerns about your approach to superannuation in Geelong.

It’s a worrying time on health and economic fronts. The stock market has fallen and people who have put all their eggs in the equity basket are feeling the pinch.

However, it’s not all doom and gloom. It’s often in these tough times that we reflect on how we can better plan for the future. For many people, a self-managed superannuation fund is one such approach. But it’s imperative you set up such a fund correctly.

Therefore it stands to reason that you may need expert help to map out a positive, strategic way forward.  And CD&G Accountants are the specialists in superannuation Geelong people trust for quality assistance. We have wide experience in helping people set up and self manage their own superannuation funds.

What are the benefits of self-managed super?

If you are a fan of the hands-on approach, then SMSFs should get a big tick from you. You will enjoy greater control – a good quality in a major financial crisis – over your investments than a commercial super fund. But they do come with added responsiblity.

CD&G Accountants can be with you from the start, helping to set up and structure your fund in Geelong. We can also work with you to find the best strategies to enhance your return and ensure you meet compliance requirements.

SMSFs attract other benefits too in areas including estate planning and tax. You can also reap the rewards of lower fees than retail and industry funds. Then there’s the attraction of managing up to four members’ super in one fund.

Finally, SMSFs give you complete clarity of where you stand in the lead up to retirement.

Please contact CD&G Accountants to find out more about how we can help you with self-managed superannuation in Geelong.