The many advantages of a Geelong SMSF

For many Geelong people looking to direct and build their retirement wealth, a self-managed superannuation fund (SMSF) is a great approach to take.

Because we all want to be able to enjoy our retirement to the fullest it’s important that SMSFs grow enough wealth to make that goal a reality. And that means your super fund must have strong foundations, strong strategies and strong investment.

So what advantages come with a Geelong SMSF? The answer? Lots.

First up, a SMSF puts you behind the steering wheel. You’ve got control and can navigate your own fund’s investment path.

This gives trustees and directors great flexibility in their investment choices, which can include assets from art work to bank deposits, property and shares. And those investments don’t have to be locked in, you can vary them and bring in new ones if you think they’ll be a good fit with your other fund assets. Other benefits flow across areas including estate planning, tax concessions and lower running costs.

While those attractions are enough to sway many people, it’s imperative that fund trustees and directors fully recognise they will be shouldering the responsibilities and decisions that accompany a Geelong SMSF.

But don’t let that scare you away. It just means it’s wise to turn to SMSF specialists, such as our team at CD&G Accountants, for help to make the process easier.

CD&G Accountants can assist trustees with a wide range of important services. We work with many clients to ensure a correct and efficient set-up and structure for their SMSF and also help in areas including auditing, compliance, administration, taxation and accounting. And as your fund adds new investments to its name, our experts can also capably handle any accounting needs that accompany those assets.

Being at the helm of your SMSF means you can chart your own journey. That’s exciting. It’s also extremely reassuring to have expert support from an experienced accounting team with strong knowledge of SMSFs. And that’s us – CD&G Accountants.

If you are considering starting a Geelong SMSF, please contact us for advice. Our accountants are here to help.