Superannuation
Self-managed super funds
Want more control over your retirement and your own investment choices? An SMSF could be the way to do it.
ASIC recommends getting financial advice before setting one up, because SMSFs carry more rules and red tape than industry or retail funds. Our advisers explain what running an SMSF involves (obligations, benefits, risks and costs) for your circumstances, so you can decide if it's right for you.
Ongoing portfolio advice
We offer quarterly, half-yearly and annual portfolio reviews to track performance and make regular recommendations, so your strategy stays within your risk tolerance.
MWY Financial Services can give general and personal advice on:
- Deposit and payment products
- Australian and international securities
- Managed funds and MDA services
- Government debentures and bonds
- Retirement savings accounts
- Superannuation products
SMSF accounting
Running your fund
Already have an SMSF, or ready to set one up? Our accounting team looks after the compliance side.
Establishment
Setting up your fund and trustee structure correctly from day one.
Annual accounts & tax return
Preparing your fund's financial statements and lodging its annual return.
Audit & compliance
Coordinating the independent audit and keeping you on top of your trustee obligations.
Fixed-fee package
Setting up an SMSF
Getting your fund's structure right from day one can save you money in the long run. Speaking with an expert first gives you peace of mind that you understand the benefits of your structure and your obligations as a trustee.
SMSF establishment
- Initial meeting with a director to discuss a corporate or individual trustee structure
- Establishment of the trust structure for your SMSF
- Help with director IDs
- Discussion of the registrations you need, as applicable: GST, PAYG withholding, PAYG instalments, fringe benefits tax, fuel tax credits and wine equalisation tax
- Help with banking and accounting software choices, as required
- An explanation of director duties and compliance obligations, as applicable
FAQs
SMSF questions
What is an SMSF?
A self-managed super fund lets you manage and control your own retirement savings. Unlike retail and industry funds, the members (usually up to four) are also the trustees, so they make all investment decisions and are responsible for complying with the rules.
Do I need financial advice before setting up an SMSF?
Technically, no. If you've done your own research and decided to set one up, our accounting team can help you establish it.
When should I get financial advice?
When you want to understand what running an SMSF involves, or whether one suits your goals and circumstances. Super is a financial product under the Corporations Act, and trustees carry significant compliance obligations. Advice helps you decide if an SMSF is the best way to reach your goals.
What are the common benefits of an SMSF?
Control and flexibility: you choose and manage the investments, with a strategy built around your goals and risk tolerance.
Wider investment options: including direct property (with limited recourse borrowing), unlisted companies and more.
Tax advantages: SMSFs benefit from concessional tax rates on earnings, like other super funds.
General information only. It does not take into account your objectives, financial situation or needs. MWY Financial Services Pty Ltd · Australian Financial Services Licence No. 224037.
Talk to an adviser
Book a complimentary first meeting about your business, super or investments.