Self Managed Super

Address: 11 Murray Street, Port Macquarie, NSW, 2444, AU
Telephone: 0265847776

take control of your own super

We can help you weigh up the pros and cons of running an
SMSF and help you decide whether it’s right for you.

Take control of your super

With a self-managed super fund, you are in charge of your super and where it is invested, plus you manage those investments yourself.

There are many reasons people manage their own super – some to save on fees, some to take control of their risk or even just to invest in certain assets.

But, with control comes accountability. You are accountable for your SMSF.

Benefits of an SMSF

Control

You control all the key decisions that affect your superannuation dollars. You set your own investment strategy.

Combining assets

Combining assets means more money to invest! An SMSF can have up to four members – this means you can partner with other people such as your spouse and other family members.

Leverage

You can borrow from within your fund to access investment opportunities that you may have otherwise missed.

Personalised and timely information

You can access up-to-date information about the performance of your SMSF, rather than waiting on year-end, complex reports from your industry fund (subject to certain pre-conditions).

Choice

You can invest in local projects and property, local syndicates or areas in which you have a special interest, skill or knowledge.

For example:

A rental property in your home town.
A commercial building in which to operate your business.
Joining a syndicate of investors to acquire a large parcel of land for DA development.
Collectibles like art, antiques, cars and jewellery.
Cryptocurrencies such as bitcoin.

Costs

If you define costs as a fee to administer your SMSF, then the cost can certainly vary.

Like any financial investment, the way it is operated effects the costs of the operation.

Generally, where you have maintained good, accurate records of your investments, the cost is comparable to industry funds.

Having specialised in SMSF’s for almost 20 years and seen their success, we prefer to consider costs as “what is the cost of NOT having an SMSF?”

Regardless of the costs, the satisfaction levels of SMSF trustees have historically exceeded that of those in industry funds.

Satisfaction with financial performance of superannuation

Click image below for larger view.

Source: Roy Morgan Single Source (Australia), 6 month rolling, average sample size = 15,500. Base: Australians 14+ with Superannuation. Finding number: 5668

Where we come in

We are licensed to provide SMSF advice. We can show you the pros and cons of running an SMSF and help you decide whether it’s right for you

We help with the administration and financial management of the fund. We are also SMSF Auditors so we can take care of all the compliance requirements for you.

SMSF advisors must be licensed to provide this type of advice. That’s why MBA is a Corporate Authorised Representative of Merit Wealth Pty Ltd.

Through our association with Merit Wealth we can help advise you on many of the more complex options and opportunities that exist in the realm of superannuation.

Our licensed advisors are Chen Gaul and Nicole Richardson. See the ASIC Financial advisors register for more information.

Getting started

Establishing a self-managed super fund is easy. It really isn’t much harder than creating a bank account. Our team have established hundreds of funds and have the expertise needed to make the process easy and seamless for you.

With only a few simple steps you will have your existing superannuation released to you and placed into a special bank account where you can then take control of your funds.

We handle the entire process for you. Depending on your needs we provide a monthly, quarterly or annual administration service.

We use the best SMSF technology and software available. We use superior levels of automation, directly linked to ASX and all the major financial institutions, to ensure our administration process is as efficient and effective as possible.

Book an appointment with an SMSF expert

Authorised specialist superannuation advice

In addition to Fund Administration and Audit, we also provide a very specialist SMSF advice service. We provide this under our capacity as a Corporate Authorised Representative of Merit Wealth Pty Ltd, ABN 89 125 557 002, Australian Financial Services Licence Number 409361.

Macquarie Business Accountants Pty Ltd ABN 16 091 110 182 is a Corporate Authorised Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361.

Chen Gaul (1240921) is an Authorised Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361.

Nicole Richardson (1270942) is a Limited Authorised Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361.

www.meritwealth.com.au | Privacy Statement | Financial Services Guide – Chen Gaul | Financial Services Guide – Nicole Richardson

General advice warning

This information has been prepared without taking into account your objectives, financial situation or needs. Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation or needs.