Self-Managed Super Funds are one of the fastest growing entities for wealth generation amongst Australians. Dixon Advisory one of Australia’s leading investment advisors have reported that “Of the $1.23 trillion invested in super at 30 June 2010, $390.8 billion was in self-managed super funds (SMSFs). That’s 31.8% of all superannuation funds, with SMSFs now representing the largest slice of the super industry” representing a growing number of people who want to take advantage of running their own super fund.
For many Australians, SMSFs offer 4 major advantages:
- More control over investments.
- Greater investment flexibility.
- Generally lower fees than industry and retail funds.
- On average, better performance than industry and retail funds.
At Let’s Chat Financing in conjunction with Griffiths Advisory learn how to use your Self-Managed Super Fund as a vehicle for property purchase.
Register now for our complementary informal Self-Managed Super Fund workshop where you can discover how to set up a SMSF, costs involved and borrowing rules for purchasing a property.