Drive your own destiny by taking control of one of your largest financial assets.
For most of us, apart from our ability to earn money, superannuation represents our largest financial asset and the key to how comfortable our retirement will be.
It also happens to be one of the most tax-effective and flexible retirement investment vehicles.
So, it certainly pays to know where your super is headed. Yet how many of us actually do?
One way is to take control of it yourself with a self-managed superannuation fund (SMSF). As its name implies, it’s owned and operated by you.
So, instead of simply paying into a large retail or industry super fund, you become the trustee/s of your own fund and make all its investment decisions.
It’s not that uncommon, either.
In fact, SMSFs now account for over 30% of all super assets in Australia.