Superannuation and SMSF:
Understanding Retirement Savings and Self-Management

Superannuation refers to the overall system of saving for retirement in Australia, where individuals contribute a portion of their income to a fund managed by professionals. Self Managed Super Funds (SMSFs), on the other hand, are a type of superannuation fund that allows individuals to have direct control over their investments. With an SMSF, individuals become responsible for investment decisions, asset allocation, and fund management. SMSFs provide greater flexibility and control but also require individuals to handle additional responsibilities and comply with regulatory obligations.

Key Concept Wealth & Insurance Pty Ltd is a Corporate Authorised Representative of Lifespan Financial Planning Pty Ltd.

Funds

Superannuation

Key Concept Wealth & Insurance provides straightforward and concise guidance on your superannuation fund, guaranteeing a tax-efficient strategy that aligns with your unique requirements, objectives, and risk tolerance. Our experienced team identifies the most advantageous fund and carefully pairs it with a suitable investment portfolio tailored to your specific needs.

Self Managed

Self Managed Super Funds

Establishing an SMSF offers investment flexibility, control, asset protection, and access to unique asset classes such as direct property investment. In-specie contributions and improved estate planning are additional benefits. SMSFs provide broader investment options compared to retail or industry super funds.

Superannuation
Funds

Superannuation

Key Concept Wealth & Insurance is dedicated to providing comprehensive guidance on your super fund, tailoring a tax-efficient strategy to your unique needs, goals, and risk profile. Our experienced team analyses options to identify the best fund that aligns with your requirements.

We understand the complexity of superannuation and strive to simplify the process. Our advisors explain super funds clearly, ensuring you understand the available options. With our guidance, you can make informed decisions for optimal financial growth and security.

We also focus on creating an investment portfolio that complements your selected super fund. Considering risk tolerance, objectives, and long-term aspirations, we construct a portfolio for maximum returns while managing risks. We continuously monitor and adjust it to suit your changing circumstances and market dynamics.

Our commitment to clear and simple advice stems from our belief in accessible and transparent financial planning. We prioritise open communication, addressing your questions and concerns, instilling confidence in your superannuation decisions.

At Key Concept Wealth & Insurance, we are dedicated to guiding you through super fund complexities, helping you achieve a tax-efficient plan for your financial goals. With our expertise and personalised approach, your superannuation is in capable hands.

Self Managed
Self Managed

Self Managed Super Funds

Establishing a self-managed super fund (SMSF) offers advantages like investment flexibility, control, asset protection, and access to unique asset classes like direct property investment. With an SMSF, individuals can tailor their investment portfolio to their financial goals and risk tolerance, providing higher flexibility compared to retail or industry super funds.

One significant benefit of an SMSF is asset protection. By creating a separate legal structure, individuals shield their superannuation assets from potential creditors and legal claims, ensuring long-term security.

SMSFs allow in-specie contributions, enabling individuals to contribute assets they already own directly into the fund. This offers tax efficiency and simplifies management.

Estate planning is another area where SMSFs excel, allowing individuals to customise benefits for efficient wealth transfer.

Furthermore, SMSFs provide a wider range of investment choices, including direct property investment for potential growth and rental income, adding diversification.

In summary, SMSFs offer investment flexibility, control, asset protection, unique asset classes, in-specie contributions, and improved estate planning. They are appealing for individuals seeking control over their superannuation investments, aligning strategies with financial goals and aspirations.

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