Financial Tips: Is an SMSF right for you?

There are good reasons why self-managed super funds (SMSFs) are the biggest and rapidly growing super section in Australia. However, you should first consider the pros and cons of starting an SMSF, as well as seek expert advice as to whether SMSF is right for you.

Time for SMSF Check-up

The start of 2015 is the best time for SMSF check-up. It is important to review your Self-Managed Superannuation Fund (SMSF) at least twice a year, and one of the best times for a bi-annual check is the beginning of the calendar year. It is also crucial to make sure that your asset allocation target is achieved. To do this, a few administrative tasks needs to be accomplished first.

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