Self Managed Superannuation Funds (SMSF) are remarkably effective wealth creation structures. Many of our clients use SMSF to hold shares, direct property, and other investments. We believe the main attraction is to maintain control of your superannuation fund investments and to invest in assets that otherwise would be unavailable in a retail or industry superannuation fund (for example direct property).
In the right hands, a Self Managed Superannuation Fund can be a wonderful opportunity to invest and preserve a notable amount of compliance cost. However, if in the wrong hands without proper guidance, the outcomes can be catastrophic to the retirement plans of the members.
Depending on your personal requirements and circumstances, an SMSF can be an efficient way to build wealth for retirement. What’s more, the flexibility of an SMSF can give you better control over your personal investment choices and tailor your super to support your individual retirement objectives.
By making a contract with H.S. Panossian and Associates reliable accountants, you too can enjoy accounting, compliance, administration, and investment support, in addition to a set of financial advisory services intended to complement SMSF structures. Our highly qualified experts are providing specialist advice for more than 40 years and are now widely recognised as industry leaders in the SMSF sector in Perth WA.
Part of the SMSF services that we offer are as follows:
- Preparation of Income Tax Returns for SMSF
- Preparation of Financial Statements for SMSF
- Assistance in liaising with auditors of the SMSF
- Setting up an SMSF