Self Managed Super Fund
Self Managed Super Fund (SMSF) Lending
Self Managed Super Funds allow you to invest in assets, or use certain strategies, that may not be available to you in other types of Super funds.
How do Self Managed Super Funds work?
In many respects, Self Managed Super Funds (SMSFs) work in much the same way as regular super funds, but you have more control in what happens and what you invest in.
During your working life, you and your employer make contributions to the fund. The money is invested so that over time you build a decent pool of savings for retirement.
Just about anyone can establish a SMSF, however there is a limit of the number of members per fund.
It's important to note that there are various costs associated with setting up and running a SMSF too. Get independent financial and legal advice.
Contact Glyn Camilleri and the team at Mortgage Choice on 0433 251 953 or email glyn.camilleri@mortgagechoice.com.au
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