The Super Way To Save
There are two basic types of superannuation investment – placing your funds into an established superannuation fund run by professionals, or operating your own self-managed super fund.
Ethica has experience with both of these approaches, but they do have advantages and disadvantages, so choosing the option that is most appropriate for you will depend on your financial circumstances, your attitude to risk and reward and what your goals are.
The team at Ethica know super inside and out. Talk to us today by booking a complimentary initial consultation (value $440). Give Ethica a call on (07) 5433 5577 or complete the form below.
The majority of people invest their superannuation into an established fund run by industry professionals.
But there are many of these to choose from, all with different profiles, varying fees and charges and differing rates of return over the longer term.
The Ethica team can sit down with you and review your existing super fund’s performance and risk profile, and help you choose a super fund with the best likelihood of matching your goals.
Self Managed Super Funds (SMSF)
Self-managed super involves setting up your own superannuation fund which you then manage yourself. Business people, farmers and the self-employed often use SMSF because of the greater control over where assets are invested and the tax advantages gained through owning a company.
While it is beneficial to be more actively involved in your super investments, there are often higher costs and significant risks to be aware of when operating your own super fund.
The team at Ethica Private Wealth Specialists can work with you to assess if a self managed super fund is the most appropriate option for you and ensure that you are aware of both the pluses and minuses before committing.