Self Managed Superannuation is one of the fastest growing retirement savings vehicles in Australia.
There are over 400,000 SMSF’s in the market at the moment and the asset value of these is likely to hit $1 trillion by 2015.
One of the key benefits of a SMSF is the ability for your superannuation to purchase investment properties.
This gives significant tax and capital gains tax concessions as well as great leverage as the major banks are now proving lending of up to 70% of the purchase price of the property.
Imagine owning an investment property for 10 years and not having any capital gains tax to pay on it if you sold it when you retired….
Also the ability to access structured investments through your Self Managed Super Fund which aren’t directly accessible to industry super funds or wrap platforms is a huge benefit to you and your superannuation, as most Australia’s like the idea of being able to invest their super in Capital Protected investments - which can give you a set income/yield as well 40% capital protection on the downside.
Imagine your ‘peace of mind’ knowing that your life savings are protected against any significant market corrections.
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