Self Managed Super Funds
Administration of Self-Managed Superannuation is a strength of our business. Boasting SMSF specialists within the firm and others who are passionate about investments in general, Approach Accounting have the knowledge and experience to help you identify the suitability of a self -managed fund. Once this is established we will help your SMSF run like clockwork.
Throughout our years of working with SMSF’s we have developed a house view of their relevance, which is as follows:
- We believe that SMSF's are a primary wealth accumulation vehicle with widespread application to the small business clients we work with.
- Whilst not appropriate for everyone, we the relevance of this structure for clients wishing to acquire their business premises in their SMSF. Not only does this provide annual tax benefits, it helps to accumulate a significant long-term asset, potentially out of reach of creditors.
- Although SMSF's feature significantly in annual tax planning, ultimately we believe that their long-term orientation must be to enhance the financial security of our business clients, particularly enabling the life they wish to lead in their well-earned retirement
- We believe that SMSF's also have a critical role to play in the personal risk strategy of our business clients and their families. We make a point of ensuring our clients have an appropriate strategy, including appropriate insurances, in place. This is facilitated through one of our contacts with the necessary financial planning qualifications.
