Features of an SMSF

Some of the features as to why you might establish a SMSF include:

• You have control over the fund’s assets, including making investment decisions within the fund.
• Having an SMSF gives you a wider range of investment options, such as direct shares and direct property options (including limited recourse borrowings).
• The fund may allow you to better manage tax, for example, offsetting contributions tax with franking credits from shares or timing the sale of shares with capital gains.
• In some cases, SMSF with higher balances may be cheaper to run than using a retail or other type of super fund.
• An SMSF can be used to assist with your estate planning objectives.
• An SMSF can continue for future generations by including children as members of the fund.